We all want to make a good investment and get a good return on investment (RIO) in our home whether it’s a bathroom remodel or a new back patio area. Many people think of home investments in terms of money, which is valid, but what other types of investment & ROI is there?
We’ll give you a few investments & ROI’s to think about:
Emotional Investment
When making a decision on what project to pursue, are you thinking of your emotional investment & return on investment? The great thing is most home projects will generally improve your emotional health. Think of even a “practical” home improvement like overlaying your driveway with a design to fix old cracks and staining your garage floor. The aesthetic improvement will yield more joy/pride in your property every time you pull into it.
Family Investment
Many times our decisions are based on whether or not the resale value of a home will go up, but what about until that time? What if you could do something that would increase the quality of life for your family? Some ideas include a backyard path around the swingset for scooters and an extension and upgrade of your outdoor patio area.
Social Investment
Life is richer with friends. What if you could host a delicious BBQ with friends new and old around your expanded concrete pool deck or patio? Your life would be much richer and more delicious 😉