Q: When remodeling my house, I don't want to spend a lot of money on updates that don't actually increase my home value.
Let the buyers shoulder these major renovation costs -- and create what they really want -- rather than you paying to remake something they might not like anyway.
A: Jump into a renovation project without first setting a budget and you may spend loads of cash on all sorts of lovely options—from a marble island-top for your kitchen to a two-person hot tub for your new patio—that you won’t get paid back for if you sell your house in a few years.
While that may not be a concern if you’re staying put for the long haul, if you’re likely to move in 10 years or less, it pays to limit your spending to what you might reasonably hope to get back at resale.
So, before you hire a contractor to redo your kitchen or remodel your bathrooms, try these updates to see if a simpler and cheaper solution meets your family’s needs.
Curb appeal is essential when it comes to increasing your home’s value, but you don’t need to fork over thousands of dollars for expensive trees, shrubs, and flowers.