Shortly after moving in to her new home, Heidi Birkey discovered a plumbing problem that cost her more than $500 to fix.
"The plumbing under the sink is really old and it was all metal plumbing so when he took it apart it fell apart in his hands", said Birkey.
There are countless home improvement projects you can invest in, but Angie's List says don't go into project planning overdrive.
Tip #1- Be selective. Not every project will add value to your home.
"Be sure that you balance your needs and your wants. Maybe you want a new deck, but you need a new furnace and only have money for one. Be sure you invest in those needs first because it will be a better return on your money," said Angie Hicks, creator of Angie's List.
Tip #2- Avoid over-investing in your home.
"Remember kitchen and bathrooms are the best things to invest in because they get the best return on investment, usually around 85 percent. But don't over-invest here. The goal is to keep up with the Jones, but don't be the leader in your neighborhood. If your neighbors all have two bathrooms, don't put three in your house," said Hicks.
Tip #3- Take time to do research and hire a reputable contractor. A project installed poorly won't add value to your home.
Also, unless yours is the only house on the block without one, don't add a pool. In most cases, you won't get back even half of the money you spent when it's time to sell the house.
Typically, home offices and sunrooms aren't usually a good idea either.
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