Angie's List Report: The Home Improvement Project You Should Invest In


Published 04/15 2014 08:47PM

Updated 04/15 2014 09:04PM

This time of year, homeowners are eager to spring into action and get started on home improvement projects. But the key is tackling projects that will increase your home's value.

In this Angie's List report, three home improvement blunders to avoid.

Shortly after moving in to her new home, Heidi Birkey discovered a plumbing problem that cost her more than $500 to fix.

"The plumbing under the sink is really old and it was all metal plumbing so when he took it apart it fell apart in his hands. He snaked it and even changed the vent boot up on the roof and still we couldn't get any clog to come out. I had the plumbers to come out three different times and finally they had to replace the plumbing in kitchen. That was a big expense I wasn't expecting," says Heidi Birkey, a homeowner.

There are countless home improvement projects you can invest in, but Angie's List says don't go into project–planning overdrive. You need to be selective because every project won't add value to your home.

Angie's List says if you want to add value with your home improvement projects, there are 3 common mistakes you should avoid: 

"Be sure that you balance your needs and your wants. Maybe you want a new deck, but you need a new furnace and only have money for one. Be sure you invest in those needs first because it will be a better return on your money," says Angie's List Founder Angie Hicks.

You also want to avoid over–investing in your home. Angie's List says kitchen and bathrooms are the best rooms of your home to invest in. They report the return on investment there, is around 85%.

Another big mistake homeowners make? Not taking enough time to do your research. A project installed poorly won't add value to your home, so hire a reputable contractor.

So, how about adding a pool? Angie's List says unless yours is the only house on the block without one, it's not a good investment.

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