Ever wonder if your home upgrades could cost you money instead of adding value? That’s where Head Space comes in. Knowing your Head Space helps you avoid over-investing, protect resale value, and make smarter decisions. Watch our weekly Wine Down to see how to invest wisely in your home.
Hello, everyone! Diane and Randall Bro here, your Pickle team. Today, we’re talking about something we call “Headspace”—and no, it’s not from meditation apps! Headspace refers to the room you have to invest in your home and still get your money back. In simple terms, it’s about comparing your home to others in your neighborhood. For example, if your home is worth $1 million and you want to invest $300,000 on upgrades, but nearby homes sell for $750,000–$800,000, you have no headspace. You likely won’t recoup that investment. On the other hand, if your home is worth $1 million and neighboring homes are worth $2 million, then you do have headspace—investing in upgrades will likely pay off. Headspace matters because it helps you avoid over-investing and losing money. It ensures your upgrades match what your neighborhood can support and helps you plan for resale. If you don’t have headspace, a quick sale might not recover your investment. If you’re planning to stay long-term, investing may still be worth it—but if you plan to sell in a few years, calculating your headspace first is essential. A good investment happens when you buy low, invest wisely, and have homes around you that support your improvements. A bad investment occurs when you spend more than your neighborhood comps allow—you’ll struggle to recoup that money. Back in 2016, for example, people bought homes for $500,000. If they invested $200,000 on upgrades and the neighborhood appreciated, they made a great return. But if you buy a $1 million home in a neighborhood where other homes remain around $1 million, investing an extra $200,000–$300,000 probably won’t pay off. If you want guidance on how much to invest or how to find the right home for your goals, visit Pickle411.com. You can schedule buyer tours online, get local info on hotels and things to do, or even book a private one-on-one session with us to ask any questions you have. We love helping people find good headspace so they can make smart investments and enjoy their homes. Thanks for hanging out with us! We hope you have a wonderful rest of your day.
