According to the Spring Real Estate Guide 2016, you may want to rethink your next big home improvements.
While we just talked about the health benefits of an upgrade to your home in our most recent blog post, the Spring Real Estate Guide discusses the importance of scaling your upgrades. "Choose your upgrades partly on need, of course, but how long you intend to stay in your home should also guide both the projects you select and the amount you spend."
You'll also want to choose your improvements based on your neighborhood, as you don't want your house to be the only mansion on the block. Other recommendations include keeping financing to a minimum, and test driving a new locale.
If you can't obtain a low interest rate when financing a project (around 4%) and pay off the cost within a couple of years, financial planner Andrea Blackwelder recommends sticking to what you can cover with cash.
To see home that have already had their share of home improvements, visit our website at ruhlhomes.com.