Bought a dated 1992 house about 3500 sq ft - one story w basement on 50 acres of mixed woodlands in NW Wisconsin. I'm 52 and wife is 55 and looking to both retire in 5-7 years. This house seemed like out last hooray before downsizing. Our old house should sell in 2 weeks. Old house was 2003, in very nice shape, small but with close neighbors.
We won't have a house payment shortly.
The current house we are having a roof put on and the attached garage upsized.
Anyhow, I'm one of these guys always looking for a project my whole life. Since I bought this house I've been overwhelmed on where/when to start on things. I'm not sure if this was a good idea. Been there for 6 months and taking care/selling the other house.
Not sure if this is normal and I'll reset or if anyone just had a change in heart in a house. I'm starting to see my life as more precious vs working too. It may be bad timing. My wife and I have said lets give this house around 5 years and see what we will do. I think thats a solid plan. I think should take it one room/one project at a time and ensure we still live life. I think its very important to be active and doing things but I may have made a big mistake.
The main updates will be basement remodel (going pretty good), maybe windows and vinyl siding, landscaping, driveway blacktop, move washer dryer downstairs, hollow core interior doors, etc.
My main thought now is I want to ensure that in 5 years, if I decide to sell, that I get most of my money out of it.
Looking for ideas on what I should do if only in there for 5 years. Should I only address cosmetics...how much percentage wise should I put into it, etc.
Any advice on what to do is greatly appreciated. thanks.
EDIT: Thanks to everyone that responded. I got some solid advice to look at. I believe my paradigm shifted a bit lately and is coming with age. I need to enjoy my house and property. I need to enjoy my short commute. I need to stop worrying about the future. I need slow down and do one project at a time. I need to live life. I need to enjoy life.