It seems that houses need to be updated about every 10 - 15 years. Otherwise, the home will seem dated, especially to potential buyers. We've been living in our home almost 14 years.
We've already updated some mechanicals (roof, furnace, A/C, and water heater) in the past ten years. Over the last couple years we've updated most of our kitchen appliances, due to failure. Also, I changed the kitchen cabinet handles from brass to brushed nickel. Recently, we painted the living, family, and dining rooms, and the exterior. In addition, we changed the remaining aluminum venetian blinds to celluar shades.
This month, we will be changing our kitchen sink to stainless steel, and updating some bathroom faucets to brushed nickel. I will also be replacing most of our brass switch/outlet plates with brushed nickel.
Our next round, which we have started, will be working on eliminating ground cover (i.e. ivy and vinca) from our landscape areas. Also, we will be replacing some plants and adding new ones.
Hopefully, we will complete our major updates in the next couple years, allowing us 10-15 years of minimum effort before the next update.
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This is not financial or home improvement advice. Please consult a professional advisor.
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