Wishing you could move into a bigger or newer home, but don’t have the money?

Consider a renovation! While not the most fun to experience, renovations can do the trick. Upgrades to kitchens and bathrooms tend to increase home values, and new ones can make you a much happier resident.
Interest rates are super low, and home equity loans are pretty cheap. You need much less money for a fix-up than to buy a new house (not to mention paying real estate agents and the tax man!)