Your home is likely one of your biggest assets and as such you want to be smart about home improvements, especially if you plan to move within 5 years. Do not expect to recoup all of your costs when updating your home. Major renovations are unlikely to yield enough of a return to justify for sales purposes. Remodeling magazine says that replacing the front door can be the best, providing nearly a 97% return on your new front door costs. Minor kitchen updates might return 83% of the remodeling costs. However, if you plan to stay put and can afford it after you’ve put aside retirement/college savings, a renovation can make your home more livable and enjoyable for years to come.