Home Improvement: How to Choose Your Next Project
While avid travelers often have a bucket list of all the places they want to visit throughout their lifetime, devoted homeowners often have a continuous list of projects that they want to complete. When it comes time to tackle a new project, it's often difficult to decide which one comes next.
Here are a few pointers that can help you prioritize:
Determine Needs Versus Wants
You probably have a mix of prospective projects on your list, ranging from necessary updates to cosmetic improvements. As you think about the next project that you want to tackle in your home, you will want to evaluate the current condition of your property. Any updates, upgrades or renovation projects that will address a safety issue inside your home should be taken care of first. You should also never ignore a structural issue in favor of a nonessential update.
Establish a Budget for Your Next Project
Money should also play an integral role in your decision-making process. You should identify how much you can spend on your next home improvement project, and then narrow down your options based on what you can complete within that budget. If you find you need to save longer to tackle a major renovation project, come up with a savings plan that allows you to complete both short-term and long-term home improvement projects.
Consider the Current Season
Timing is everything with home improvement. If you are thinking about starting a project during the fall or early winter months, focus on interior projects you will be able to fully enjoy once they are complete. In the spring or summer, you can prioritize those outdoor projects, such as new siding, a new roof or a new patio.
Keep ROI in Mind
If you still have a couple of projects that you are deciding between, you can make the final selection based on the return on your investment. Projects with a higher ROI should be completed before others.
It certainly can be difficult to decide between that gorgeous kitchen renovation or the complete bathroom remodel, but you won't regret taking the time you need to make the best decision for your household right now. Once you make your final decision, you can focus your time and energy on checking off another project from your list.
About the Author
Daniel Martin, Higgins Group Private Brokerage, Licensed in CT, Lic. #RES.6767971
With over two decades of experience in Connecticut real estate, Daniel Martin is a seasoned Realtor at Higgins Group Private Brokerage, renowned for his exceptional market insight and unwavering client dedication. A lifelong Connecticut resident, Daniel's deep roots in the community, coupled with his extensive professional background, provide an invaluable advantage to both buyers and sellers across Fairfield and New Haven Counties.
Daniel's distinguished career is marked by consistent achievement, earning him the prestigious Connecticut Magazine 5 Star Realtor award from 2014 to 2025. He is a perennial Top Producer, recognized as both a Top Listing Agent and Top Selling Agent, a testament to his strategic approach and keen understanding of market dynamics. His expertise spans a broad spectrum of real estate needs, including guiding First Time Home Buyers, navigating transactions for Single and Multi-Family Homes, Land, New Construction, New Residential Developments, Condominiums, Downsizing, and Rentals.
Beyond his impressive track record, Daniel's professional affiliations include memberships with the National Association of REALTORS (NAR), Connecticut Association of REALTORS (CAR), Bridgeport Board of Realtors, Smartmls and Greenwich MLS. His foundational education in real estate from Naugatuck Valley Community College, complemented by studies at Connecticut School of Electronics and Housatonic Community College, underpins his comprehensive understanding of the industry.
Daniel's unique blend of customer service acumen and technological proficiency sets him apart. He leverages every available marketing resource to ensure his clients' homes gain maximum exposure and stand out in the competitive market.
When not orchestrating successful real estate ventures, Daniel cherishes time with his family, including his wife, two children, and four grandchildren. A passionate musician and golf enthusiast, he embodies the vibrant spirit of the Connecticut communities he serves. Daniel's network extends globally, allowing him to facilitate referrals anywhere in the world.
