If you see any appreciation in your house value you might take an opportunity to sell your home. Renovated homes are easier to sell and they usually fetch a higher price to the point where I spent over 100k on every house I sold in the last 8 years and every time saw at least a double on that investment within a month.

If you are looking at lower priced nice warm housing market that saw significant price decline in the last few years Florida and particularly Tampa area might be a good place to look...