Wednesday, January 25, 2017

Home Improvement Projects to Avoid

If you know you're going to stay in your home until you retire, you can pretty much improve to your heart's content. But the average home owner moves once every seven years. Many make the mistake of undertaking expensive improvements they can't recoup when it comes time to sell. In terms of market value, you will benefit more from having a home that is comparable in price or slightly below the other homes in your neighborhood. This leaves room for appreciation to strengthen your investment over time and you won't be dropping money into pricey renovations that buyers will ignore when it comes time for you to sell. This is especially true if the value of homes in your neighborhood is dropping.



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