Millennium Realty
Donna Coakley-Mcgowan, Millennium RealtyPhone: (774) 287-2060
Email: [email protected]

Projects: Choosing Your Next Home Improvement Upgrade

by Donna Coakley-Mcgowan 10/12/2022

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
Author

Donna Coakley-Mcgowan

Licensed since 1983 Donna is a well known and well respected veteran of the local real estate market. Donna has made her mark as both a manager of a brokerage firm and as an agent. Ms. Coakley McGowan has participated in extensive training in residential real estate and specializes in both Buyer and Seller Agency.   

"I am extremely pleased to welcome an Associate of Donna’s caliber and expertise” said Judy Leonelli, Owner. "I have known Donna for many years and have admired her professionalism and talent for the pragmatic resolution to the difficulties that can arise during a transaction. When Donna is involved you know there will be a successful outcome.”  

Ms. Coakley McGowan has lived in Upton since 1995 and knows the area and all of its attributes. She currently serves the Town of Upton and the Regional School District as Chairperson of the School Committee.  She and her husband Mark and their two children reside in Upton.