How Upgrades Stack Up!

How Upgrades Stack Up!

 

When talking about upgrades and return value on cost I usually share a personal story. I am a house flipper except I live in the house 3 years or so then sell it. I was in the middle of fixing up my 7th house, located in Worthington, OH in the late early 1990's. It was time for me choose the kitchen backsplash tile. I went to Hamilton Parker and found the PERFECT time!! It was cream w/green marble, a black design w/gold accents. It was beautiful (Looked better then it sounds ;-) Anyway, once I saw that tile there was nothing else I would love any better. Problem; Plain white tile cost $1 per tile. My perfect time cost $17 per tile. I didn't care and I knew that when I went to sell I would never recoup the $1000 extra I spent on the tile backsplash but what it would do is help the house sell more quickly in a few years and most importantly it made me happy every time I looked at it! For the next three years I would smile every day at that backsplash. There is no right or wrong  here... just make sure you are ready to live with the choice as long as you have to!