Thinking about redoing your kitchen, building that long-awaited sunroom, or tackling a major renovation in 2026? Well, now is the best time to plan all your big home projects for 2026!

Big home upgrades are definitely an investment in your future. Whether you’re looking to enhance your home’s value, make it comfier for your family, or finally cross that one project off your list, a little planning now can go a long way toward making 2026 smoother, more affordable, and far less stressful.

Here’s your step-by-step guide to getting ahead before the year wraps up.

But Why Should I Start Planning Now?

Spring is Iowa’s unofficial kickoff for home improvement season. But if you wait until the snow melts, you might already be behind.

Here’s why it pays to prep early:

  • Contractor schedules fill fast. Many of Iowa’s top builders and contractors start booking jobs 3–6 months in advance. If you want to be on their spring radar, now’s the time to reach out.
  • Costs may rise in the new year. Labor, lumber, and supply prices often increase in Q1. Locking in quotes this winter could mean meaningful savings.
  • Material backorders still happen. Even though supply chains have improved, certain items (like custom cabinetry or specialty materials) can still take weeks or months to arrive.

Future you will be very grateful. When others are just starting their planning, you’ll already have financing in place and a clear roadmap.

Here’s What to Expect When Starting a Big Project

If you’ve never taken on a large home improvement project before, it helps to know what kind of timeline to expect. Some of the most common steps include:

1. Design and Planning

Whether you’re finishing a basement or revamping your outdoor space, design takes a bit of time. You might need to:

  • Consult with an architect or designer
  • Choose materials and layout options
  • Finalize project scope

2. Permits and Approvals

Depending on your city or county in Iowa, building permits can take a few weeks to process. Some renovations (like electrical or structural changes) require multiple approvals.

3. Financing

Getting approved for a home equity loan or line of credit isn’t difficult, but it’s not instant either. The sooner you talk to your lender, the sooner you can budget confidently.

Speak to a Lender About a Home Equity Loan or HELOC

4. Contractor Scheduling

Many contractors book months in advance, especially for spring and early summer. Booking early gives you better flexibility and avoids disappointment.

5 Steps to Take Before the Year Ends

If you want to hit the ground running next year, these next steps will help you prep like a pro.

1. Define Your Home Goals

Start by asking yourself:

  • What do I want to improve?
  • Is it a must-have or a nice-to-have?
  • Will this project add value to my home?

Whether it’s better energy efficiency or more livable space, knowing your why helps shape the rest of your planning.

2. Research and Get Estimates

Contact local Iowa contractors to:

  • Compare pricing and availability
  • Check references and online reviews
  • Discuss project timing and material lead times

Our recommendation is to aim for at least 2–3 quotes before deciding.

3. Set a Realistic Budget (with a Buffer!)

Here’s where things get real. Use ASB’s mobile banking and budgeting tools to:

  • Track current spending
  • Start a dedicated savings category for your project
  • See where you could cut back temporarily to save more

Always include a 10–15% buffer in your home improvement budget. Unexpected costs are common.

4. Check Your Home’s Equity

Now’s a great time to look at your home’s current value vs. what you owe on your mortgage.

If you’ve built up equity, you may qualify for a home equity loan or line of credit (HELOC),both of which can help fund your renovation.

Want to estimate your home equity or see what financing option fits best? We can help. Learn more about ASB’s Home Equity Loans.

5. Talk to a Local Lender

Financing your home project with a local lender like American State Bank comes with advantages:

  • Personalized advice
  • Flexible loan terms
  • Quicker decisions than national banks

You don’t have to wait until the new year to get pre-approved. In fact, the earlier you start, the better positioned you’ll be when the project begins.

Why Financing Early Can Work in Your Favor

There’s a common misconception that you should only apply for financing once your project is fully designed and quoted. But in reality, getting ahead of the process gives you more freedom and flexibility.

Here’s why:

Better Rates, Less Stress

Rates fluctuate. Applying in advance can help you lock in a better interest rate before potential market changes in 2026.

You Control the Timeline

With financing ready to go, your project can start on your terms. No delays, no waiting for loan approval.

Peace of Mind

You’ll know exactly how much you can borrow, how payments will fit into your budget, and how to avoid overspending.

Increased Property Value

Depending on the project, upgrades like energy-efficient windows, new siding, or remodeled kitchens can raise your home’s appraised value, which benefits both your living situation and your future resale potential.

Get to Know ASB’s Home Equity Loan Options

As a community-focused bank serving Iowa families and homeowners, American State Bank is proud to offer flexible, accessible home equity financing options.

Here’s what makes us different:

  • Local decisions made fast. No sending paperwork to out-of-state processing centers.
  • Trusted lending team. We live where you live and care about your financial goals.
  • Tailored options. Whether you need a lump sum loan or a flexible line of credit, we’ll help you pick the right tool for your project.

Explore ASB’s Home Equity Loans

Start Strong in 2026

We all want our homes to reflect our goals, values, and lifestyle. And while big renovations can seem daunting, a little preparation now can make a world of difference later.

By planning early, getting estimates and budgeting sorted out, exploring all your financing options, and most importantly, working with a local lender who cares, you’re setting yourself up for success!

At American State Bank, we’re more than a place to bank. We’re your partner in big dreams, better living, and smart financial planning. Let us help make your 2026 project one you’re proud of, starting today.

Ready to Start Planning?

Talk to a local ASB lender today about home equity loans and other financing options that fit your project plans.

Get Started Here