Whether you're living in a home or you own it with the intention to sell, the overall value of your home is an important consideration. For those who plan to stay in their homes, a high value means the home is useful as collateral. For those flipping homes, the benefits are obvious.
When seeking ways to upgrade a home, there is a simple rule of thumb. It might indeed be the oldest saying in the book: You have to spend money to make money.
To be clear, this isn't indiscriminate spending. It is examining a few aspects of the home and determining…