Springtime is traditionally thought of as “home-buying season.” It just so happens that it’s also time to file your taxes and hopefully get a refund. According to statistics from tax year 2022, roughly two-thirds of taxpayers received refunds, with an average amount of $3,200. For anyone saving up to buy a house, this is welcome news. You can definitely use that tax refund for a down payment. There are also some other ways to use the money you get back that can help make buying your next home a bit easier.

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There is no denying that the preferences of home buyers can vary widely. One person might be looking for a quiet single-family home with a big private yard for gardening and entertaining, while another person might want to be in a more walkable area in the hustle and bustle of a city. 

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Moving to a new city can be overwhelming, but once you’ve closed on your new house and the furniture has been delivered, it can also be exciting — especially if you’re now calling St. Louis home! Take a break from unpacking and get out and enjoy all of the sights, sounds, and tastes the city has to offer. There are so many things to do in St. Louis, you’re sure to find something to please everyone in your household.

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If you plan to move in the near future, it doesn’t make sense to sink a lot of money into home updates you won’t be able to enjoy for long. It’s also not a good idea to invest in projects that won’t boost your home value when it’s time to sell, or give you a good return on your investment.  

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Buying your first home can be exciting as you start a new chapter of your life, but selling your first home may be a different story. According to the National Association of Realtors, the average first time home seller has lived in their house for about 10 years by the time they decide to move on. At this point, owners may be ready to upgrade, and in the process of finding a new home. Or, they may need to move for work, or due to family issues. Any of these can add a layer of stress to the selling process. 

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