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All values are weighted using the family weights offered by the U.S. For many American homeowners, refinancing their mortgage to cover the prices of renovations makes sense. It allows homeowners to live in the home they want, welcome further family members and maintain their houses in good condition for future gross sales. As properties age, they often want repairs or updates to maintain their value. Nearly 30% of homeowners updated their plumbing, adopted by electrical and home automation upgrades, based on a current Houzz survey. In plumbing, electrical, wall restore, portray, exterior siding and trim, fences and common property upkeep.…