Homeowner How-To’s: Prioritizing Home Improvement Projects

Maybe you’re looking to put your house on the market and want the best chance of selling it or you’re perhaps you’re planning to stay in it for many years and are debating how to best enhance your space. In either circumstance, with so many projects to choose from, how do you figure out where to start? If you’re stuck in uncertainty, here are three tips that will help you determine which projects to tackle first.prioritizing-home-improvement-projects.jpg

  1. Prioritize by Necessity:

    When you list out home projects, start by identifying anything that must be done and prioritize those projects over nice-to-haves. For example, if there are any broken structural elements in your home – like a leaky roof or a rotting deck – those should be fixed sooner rather than later. While it’s not necessarily fun to spend money on repairs, proactively addressing issues that could result in more expensive fixes in the future is a wise move. Think about it like preventative doctor visits or going to the dentist for a checkup every six months – but for your home.

  2. Be Loyal to Your Budget:

    As much as you may love the way top-of-the-line quartz countertops look, it might be better to go with a more affordable material choice to avoid completely draining your home improvement account. That way if a windstorm knocks a branch onto your back deck, you’ll have the money to take care of it right away (and you’ll be glad you do!). If you have a long list of home improvement projects, make sure you build up a healthy emergency fund to cover unexpected home projects before you tackle your home’s aesthetics.

    It’s also good to have a pre-set budget in mind as you begin a new project, and to be disciplined enough to stick to that budget. It can be really easy to add this or that and the dollar amount can add up quick!

Whether you’re a proud homeowner or soon-to-be seller, follow these tips to successfully prioritize your home improvement projects!