The question above does not ask about your bank, your 401K, or any other aspects of your savings. What it does ask is were do you put your dollars when you are investing in the upkeep up your home. Do you spend your dollars on the interior finishes? Things like Granite counter tops, Stainless appliances, wood floors? Or would you spend your hard earned dollars for a new roof, siding, or even gutters?
These are some of the questions I hear from my clients, and here is what I usually recommend. The interior fit and finish of a home is what will really get a buyer interested in a home. I like to call it the Wow factor. This is when a potential buyer walks into your home and says, Wow, I like this! This wow factor can be what sells your home. But we need to balance this with keeping the home dry and safe from the elements. What do you think the Granite counter tops will look like when the ceiling caves in due to a roof leak?
My recommendation is always to secure the home first. Make sure you have a good roof and siding to keep out the rain. Mold and mildew issues will kill a deal fast. Once the home is secured, start looking at the interior. I know a buyer will miss the exterior improvements and look for the interior finish so you need to advertise the fact that the expensive stuff has already been dome on the outside. The inside can be done by the buyer to their own requirements. If marketed correctly, this will help sellers who can only afford to do exterior work and not both.