When Should I Make Major Home Updates?

Before taking on major remodeling projects, you may want to give yourself -- and your wallet -- time to recover from the homebuying process.
Basement Area Damaged By Hurricane Sandy

Basement Area Damaged By Hurricane Sandy

After flood damage from Hurricane Sandy, the Sarlo's finished basement was destroyed. This is the living room area looking down through a hallway into their kitchen. As seen on HGTV's "Cousins on Call".

From: Cousins on Call

Photo by: Chris Amaral

Chris Amaral

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The process of buying a home can be stressful, both emotionally and financially. Making major updates to a home can be just as stressful, if not more. With wiring exposed, cabinets torn out from the walls and dust everywhere, remodeling projects can be quite disruptive to your home life.

 

Before taking on major home improvement projects, you may want to give yourself time to recover from the home-buying process. At the very least, you want to let your wallet recover. If you drained your savings account to pay for closing costs, a down payment and the other upfront costs of buying a home, save up some money first.

Home updates are a great way to add value to your home and make your home more enjoyable. Just be sure not to take on more than you can chew.

If you’re itching to make improvements immediately, minor updates can make a big difference to your home.

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