The housing market today is made up of two types of sellers: those who must sell and those who would like to sell. In many cases, those who must sell are having difficulty dealing with the devaluation of their home. Taking on costly improvement projects may not gain any additional value to their property.

If, however, you’re not in a hurry to make a move, perhaps investing in a few home improvements may not only provide added value down the road, but also lift your aesthetic spirits while you wait out the housing “storm.”

There are several issues to keep in mind when planning home improvements. Certainly high on many homeowners’ lists is cost. Big-ticket improvements may be desired, but not fiscally prudent at this time. With the uncertainty of the economy, you may wish to implement a few upgrades that are more in line with “sprucing up” your home.

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