Home improvement can be a great way to update your house or make it better suited for your goals. Whether you are planning on selling or just want to live more comfortably, it’s important to know what projects will provide the best return and how to prioritize them. This can help you avoid last-minute changes that can be stressful and expensive.

Homeowners often focus on projects that improve their home’s resale value, but many other reasons to remodel exist as well. For example, if you are starting a new career, you may want to create a workspace that maximizes productivity and minimizes distractions. This can involve installing lighting, soundproofing and furniture that is conducive to your work style. Other home improvements aim to accommodate personal goals, such as fitting a fitness routine or improving wellness. These improvements can be as simple as adding a home gym or swapping out old carpet for hardwood floors.

While some projects can be affordable and easy, others require a significant amount of money and skill to complete. It’s important to budget accordingly and research the costs of materials, labor and permits before making any big renovation decisions. It’s also important to consider the timeline for your project and how it might impact your daily life. This will help you determine how much to set aside for your remodel and avoid overspending or extending the timeline beyond what is feasible. For many homeowners, cash is king for home improvement, with 78% of projects during the 2021 census survey paid for in this manner.