Best home renovation projects for 2013

  • (MoneyWatch) If you're like most homeowners, you probably browse Pinterest, watch HGTV and get amped up to remodel your entire home. While a DIY bathroom re-do or a brand new state-of-the-art kitchen may seem like a good idea, it isn't always worth the time and money.

    Home remodeling is all about return on investment. When deciding which project to tackle in your house, consider your circumstances. If you're planning on staying forever, make changes to the space that makes it more livable for you. Just remember not to go so overboard that you can never sell the house if you suddenly needed to.

    If your current place is not your forever home, only invest time and energy into projects that will give you a decent return when you eventually sell it. Here are some of the mid-range projects that will give you the most bang for your buck, according to Remodeling Magazine's 2013 "cost versus value" report.

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    Ilyce R. Glink is an award-winning, nationally-syndicated columnist, best-selling book author and founder of Best Money Moves, an employee benefit program that helps reduce financial stress. She also owns, where readers can find real estate and personal finance resources.