Everyone who owns a property starts thinking of improvements as soon as they buy it. Sometimes it’s just painting a few walls or the front door to make it more up-to-date or your style. Unless you buy a totally renovated home or a new build, there are always things on a wish list for upgrades. One thing you should always keep in mind when planning a renovation is the rate of return on your investment. Some updates translate to an increased value in the home’s worth while others have little effect. When you are planning to stay in the home for decades, the updates might just be to make it reflect your taste. If you do intend to sell in the near future, it’s more important to make the property worth as much as possible.