Ep 36: Over and Under Improving


This is the latest installment of The Biggest Mistakes Homeowners Make.

Topics covered

  • The financial risks of over improving. Why approaching a home improvement as an “investment” may not be the best approach.
  • The financial risks of under improving.
  • How location plays an important role in how you spend your home improvement dollars.
  • Why are you making the improvements? Who are the improvements for?
  • Why over improving may not be such a bad thing (again, it depends on your motivation). Over improving may make sense to you in certain circumstances.
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The key takeaway

It’s your house. Do what makes sense for you. Just be aware of how the value of your house is affected (or not). Seek advice from a real estate agent to make sure you are spending money in the right places.

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