If you're like most Americans, your home is your single most significant investment. Consequently, properly caring for your home is a high priority for you. Routine maintenance, minor improvements, and major repairs must occur as needed. Unless you're a homeowner whose home is brand new, you will encounter clear signs when it's time to renovate your home on a larger scale.
Renovating when it's not necessary can be a financial black hole, but allowing your home to fall into an outdated, dowdy state is also a missed economic opportunity. Improving your home to such an extent that it far outshines the surrounding properties can make it impossible to recoup your investment. In contrast, doing nothing while your home slowly drifts into the bottom ten
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