5. Kitchen Overhaul

If your home's value rises and your kitchen's finishes don't, it may be time for a major remodel, rather than small fix-ups. Budget 10 percent to 15 percent of your home's value for remodeling the kitchen.

A complete kitchen remodel in a midrange home averages $57,000 and returns about $43,000 at resale, about 76 percent, the CVR says. That price buys 30 feet of cabinets, an island, laminate countertops, stainless sink, wall oven, cooktop, vinyl flooring and appliances.

Need eight feet or less of countertop? Local granite dealers who sell (or even give away) remnants and charge for cuts and installation are a bargain option.

More Smart Home Updates:

1. Spruce up or replace your siding.
2. Add a deck.
3. Tweak your kitchen.
4. Repair or replace windows.
5. Overhaul your kitchen.
6. Strip the bathroom.
7. Find cash in the attic.
8. Earn bucks from the basement.
9. Add space to add value.
10. Add low-cost landscaping.