You could win the lottery and upgrade to a larger and fancier home, but let’s get real, that’s probably not going to happen. Unless of course, you’re the lucky son of a gun from Zephyrhills, Florida who just won the $590 million dollar jackpot. But for the rest of us, let’s consider some things to invest in to make your house more valuable and exciting.
Focus on the kitchen. Have you ever noticed when you’re at a party at someone’s home, no matter how spacious the living room, patio, bedroom, Jacuzzi bath tub- everyone always congregates in the kitchen? According to HGTV, you can expect to recoup 60%-120% of your investment on a kitchen remodel. You don’t need to go too fancy with a chef style stove (unless you are a chef, of course). Re-painting, energy efficient/stainless steel appliances, new fixtures will go a long way. Make sure to check discount stores and scratch and dent sales. Just think, with a fun new kitchen, you might not even want to throw Uncle Irving out of it when he’s annoying you while you prepare Sunday dinner.
Redecorate the babe on a budget way. Hit up stores like Home Goods, Costco, and sample sale sites online such as Rue La La for inexpensive and trendy items that can transform your home for a third of the cost. Many retailers do not have the space to hold items for longer than a season. Take advantage of these discount stores to purchase new lamps, rugs, bedding, end tables and other accents that will really change the style and theme of your home. Want to go from shabby chic to contemporary? Purchase a mirrored end table with your white wood floors. You’ll have a cool new look and no one will know that the table was from Home Goods and not Horchow.
Lastly, if you are planning to invest in a room that involves construction; whether it’s kitchen, bathroom, or a new patio, do your research. Make sure you check references before hiring a contractor and make sure they are licensed and insured.