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Sailing down the river of home improvement regrets

It’s a tough question: how much should you invest in a house? On the one hand, improving things as much as you can makes a home comfortable and livable for you, and might command a higher selling price when the time comes. On the other hand, sinking a lot of money into a property that improves it too much can be like throwing money away. What to do? And for that matter, what are you spending your home improvement money on? As U.S. News & World Report points out, “If you’re going to lay down $10,000 to turn an outdated kitchen into a modern marvel that will be the envy of the neighborhood, that’s fun. But if you need to spend $10,000 on a center beam in the foundation of the house that no one will see or care about, the joy of fixing up your home might start to fade.”

Truer words were never written. Home improvement is fun…until it isn’t. Everyone wants to sketch out their addition with their architect, no one wants to spend that same amount of money to replace all the plumbing, get a new furnace and replace the leaking roof. (Though in fairness, we must point out that Remodeling magazine’s annual survey consistently shows that new replacement windows are on of the most cost-effective home improvement projects, returning as much as 78% of their cost if you ever sell your home.)

So here’s the question for you: Have you had any home improvement regrets? Did you make some improvements that turned out to be a dud? Or maybe made some very expensive, necessary improvements that a visitor to your house would never know about? Let us know!

Colgate Residence - 2013

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