Economics was defined to me as how to allocate scarce resources to the consumption or creation of goods and services.
I have plenty of goods I would like to consume, but not enough resources (defined for me as time and money).
An economics lesson sounds kind of odd for a post, but the topic is: home improvement
I have a massive list of things I would like to do to the house to update it and, in some instances, upgrade it. Mostly, though, it's updating which is unfortunately a necessity in order to maintain market value. I always have one foot out the door and want to make sure I can maximize my return of equity if I had to sell my house due to some catastrophic or unexpected event.
My list:
- Replace 6 windows and a sliding door.
- Add some more insulation to the attic.
- Outside A/C compressor (I'm the kind of guy who would spend $4,000 to save $50 a month)
- Replace carpet with wood or laminate flooring.
- Replace the Living Room ceiling fan.
- Purchase and install fans in the dining (soon to be study/den), master bathroom, and kitchen.
- Closet organization for master closet
- Paint: kitchen, living, breakfast, hallway, master bath, and Wm's room
- Add skylights to the living room. It doesn't get any direct light.
- Replace smooth front doors with 6 panel
- Paint all the door trim white instead of definitely-dated-woody-brown.
- Crown moulding
- Captain's beds with built in drawers for the kids (not so much a home improvement as a furniture improvement)
- Re-stain cabinets in kids bath, master bath, and kitchen
- Texture walls in kitchen and master bath
So, what are some of everyone else's highest desire/priority projects around the house?
Of my list, what would anybody recommend I do first? (Tara, if you read this you can't answer since you're already telling me these things :) )
