Have you found yourself wanting to move lately? I know my wife and I have been getting the itch to buy a new house. Perhaps it’s because the real estate market is certainly a buyer’s paradise at the moment with depressed pricing and all time low interest rates. That being said, we also have a home to sell, so taking a loss on that would negate more of the financial benefit of buying another home in the current state of the market. It’s one of those things we will probably mull over repeatedly over the next year as build up our savings. Regardless of the decision, I really need to recognize the improvements we could do around our home today in order to freshen up the place. The two most important factors to me are the price, and return on the investment, and really whether or not it’s worth our time at all.
A swimming pool can be a lot of fun, but it can also be a pain to manage and keep up. The chemicals are costly, the maintenance is time consuming, and I live in a cold weather state. A pool can only be enjoyed for about 3 to 4 months out of the year where I live. That is a considerable cost to undertake for such a short time to enjoy it each year. Not to mention many buyers are apprehensive because of the dangers of young children around a pool.
An updated master bath is great for resale, but that is assuming that you capture the taste of the future owners. Many people are put off by certain colors, and when you pick out specific tiling and countertops, a color scheme isn’t so easy to change with a little paint anymore. Not to mention the cost of such a project can run you tens of thousands of dollars to do right.
A conservatory is a nifty four season’s room that is not only a great investment for any home, it’s something you can enjoy all year round as well. Even during the deep dark winters, these DIY conservatories provide additional living space with lots of light in a temperature controlled environment. Check out the great deals at http://www.centuriondiyconservatories.com/, you can browse the options for a do-it-yourself conservatory there. Just imagine watching television from an enclosed glass room underneath the stars, to me it just doesn’t get much better than that. The icing on the cake is that it adds livable space and value to your home when it comes time to sell.
Despite whether or not you choose to remain in your, sell your home, or something else altogether, just make sure any home improvement project is aligned with both your current and future needs.