Besides doing regular maintenance and repairing your home, you will also want to consider renovating or making improvements. These changes will not only make the home more pleasant for you to live in, they may also increase its value.
Change is good but be careful not to go overboard unless you plan to stay in your home for many years. If you are planning to sell your house, you also have to ensure that the changes don't make your home worth a lot more than the other homes around you. Remember that the value of your home is closely related to the other homes in your area.
Here are some things to keep in mind when planning a change or renovation:
Think about how changes would appeal to someone buying your home in the future. You can make very personalized changes with paint because it is inexpensive and can easily be changed. However, things like flooring, cabinets and countertops have a longer life – make choices that will also be appealing to others;
Updating the bathrooms and kitchens in an older home can increase its resale value;
Don't underestimate the importance of landscaping. The right plantings can improve the appearance and value of your home;
Updating your exterior paint, installing new roofing, resurfacing your walkways and driveway, adding attractive mailboxes and front-yard planting will also help make your home more appealing.
Over time, some renovations can pay for themselves, especially if they result in savings on utility bills, a higher selling price or years of greater comfort and enjoyment in your home!