I have recently undergone several upgrades in my home and I was wondering the opinion on some here who may have done similar things. I purchased a hone in Sept. 2013 on HUD for just $37,000. Ridiculously low - and in decent shape. Since, I have undergone a few additions to the property so first, I can really enjoy my home and second, for resale value.
So far, I have already put laminate flooring down where carpet used to be and tile in the kitchen and the bar. See the picture below. Also, I have upgraded the lighting away from fluorescent in the kitchen to recess lighting. Add in a new paint job and the home looks good. Image: https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-xpf1/t1.0-9/10464208_600485043403177_572728979420810408_n.jpg
Projects in consideration now are enclosing my patio deck and using my left over laminate flooring to deck it with for a little dining area outside (this I have not been quoted). Also, I am planning to add plantation shutters ($2,665) to the home.
I plan to be here for a few years, but plan to sell when the time is right. I am trying to be responsible with my money and use every saved dollar and invest it in my Roth or my home. Am I doing the right thing?
Next, I am asking if these projects I have done - particularly the plantation shutters, tile flooring ($1,500) and laminate flooring ($3,000) will get good return values for the home later on?