Before embarking on a house improvement project, here are some ways to estimate its cost and how to finance it. Sticking to that rule of thumb helps homeowners avoid over-improving their properties for the neighborhood, he says, such as putting in a $100,000 kitchen in a community of $300,000 houses. In basic, the more householders spend on a house improvement, the less doubtless they are to see an enormous return on their funding. Bob Harkson, chief monetary planner at Phase2 Wealth Advisors in Gig Harbor, Wash., lately accomplished a serious kitchen renovation at his home.

Leveraging an omnichannel panel of 150,000 consumers, our Checkout service supplies the whole picture of what’s taking place online and in stores and the way that’s altering over time. Harkson says the most economical way to pay for a renovation is with reserve funds. This technique mostly works for some smaller tasks but may not …