You might have fallen in love with the neighborhood and the bones of the house you purchased, but the interior design? Not so much. Maybe the home is on the older side and you’re looking forward to replacing the outdated tile in the bathroom. Perhaps you’re ready to say good-bye to the wood paneling in the basement.

Whatever it is, remodeling an old house is a rite of passage when it comes to owning a home. After all, unless you’re building your own house, there will most likely be something you want to change when you move into your new place. But remodeling an old house can also be stressful. It can be expensive and require complex planning in order to remodel successfully.

Whether you plan to DIY as much as possible or are placing your trust in a contractor for the renovations, it is highly likely that at some point during the remodel, you’re going to feel overwhelmed by costs, deadlines, or the design decisions that come with remodeling.

When it comes to do-it-yourself (DIY) home projects, “easy” can be a tricky word to define. If you have a crafty background or a few home improvement skills and tools, what’s easy for you may not be easy for someone else, and vice versa. And sometimes, “easy” doesn’t necessarily mean “fast.”

On the plus side, if you have two or three sets of hands doing the work, then a more in-depth and complicated project may be quite doable. So take a look at these “easy” DIY home projects to see which ones strikes your fancy, and then decide whether it’s a one-person job or one where teamwork matters.

Today, we’re excited to announce that we’ve partnered with home improvement platform Kukun (pronounced “cocoon”) to offer the homeowners amongst you advanced new tools to help you gain a greater understanding of how much your home improvement project could cost and how it can affect the resale value of your home.

With Kukun and SoFi’s Home Improvement Cost Calculator, you can estimate the cost of over 28 project types, ranging in price from $10,000 up to $300,000, including renovations and expansions so you can accurately estimate your house renovation costs or remodeling costs.

New Online Tools Help Homeowners Estimate Costs and ROI on Over 28 Types of Projects

SAN FRANCISCO, CA – October 2, 2018 – SoFi today announced a new partnership with home improvement platform Kukun to offer advanced new tools to help homeowners gain a greater understanding of how much their home improvement project could cost and how it can affect the resale value of their home.

The tools will help homeowners estimate costs and returns on investment for over 28 project types that range in price from $10,000 to $300,000, including renovations and expansions. These are the first tools SoFi is offering related to its home improvement loans.

“One of the top reasons people take SoFi personal loans is for home improvement, so we want to offer people the best resources to make decisions,” said Bob Buch, Vice President of Sales and Business Development at SoFi. “We’re proud to be working with Kukun to bring even more tools and resources to our members that can help them achieve their financial goals.”

These calculators are built by Kukun based on highly normalized and granular property condition marketplace data, in addition to normalized construction permit data (fresh and historic), as well as customer intent from the Kukun marketplace.

“Partnering with an innovative brand like SoFi was a natural extension for us,” said Raf Howery, CEO of Kukun. “SoFi has customized Kukun’s best in class data-set, analytics and tools. SoFi’s audience stands to benefit immensely from this new capability”.

SoFi offers home improvement loans from $5,000 up to $100,000 with absolutely no fees of any kind. Individuals can check their rate and get pre-qualified within minutes. To learn more about the calculators and SoFi home improvement loans, visit SoFi.

About SoFi
SoFi helps people achieve financial independence to realize their ambitions. Our products for borrowing, saving, spending, investing, and protecting give our more than half a million members fast access to tools to get their money right. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of like-minded, ambitious people. For more information, visit SoFi.com.

About Kukun
Kukun is a data and analytics company that is reinventing major aspects of the massive Home Remodeling Market.  Kukun is powered by an advanced data-set and AI driven technology to bring transparency, accuracy and insight to the remodeling industry. Kukun is serving Real Estate, Housing Finance, Insurance, Construction, and Retail companies that together make home remodeling possible for the homeowners/buyers. Visit www.mykukun.com.

Contacts
SoFi
[email protected]

Kukun
[email protected]

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