I bought a new home almost 10 years and was in the mind frame that everything is new and I'll change stuff later. Well 10 years later and I finally realized everything is NOT new. My question is how often do you replace/upgrade things such as ....
Flooring???
Interior Paint???
Kitchen Appliances???
Bathroom fixtures???
Lighting???
Kitchen Counters???
Exterior Paint???
Well, if you have money to spare, change them as your mood takes you.
If not, most people change them as needed... or just to add value to your home; make your house sell better than your neighbors.
My advise will be to do a room by room project deal... where is the upgrade going to be??? Location?
For example, if you are replacing the kitchen floor (a leak from the dishwasher), and appliance is old as well as the counters have a bit of a torn edge... do the whole kitchen as a room project.
If your living room set is old, update the look with a new set after painting a new color for your walls.
If your ceilings leaked and needs to be replaced (patched/painted etc.), do your light fixtures while you are at it.
If your faucet is old and rusty maybe leaked as well, instead of just changing the faucet; change the cabinet, sinks, knobs to match the finish of the faucet... maybe make it a bath project.
Think "projects", think "themes"... when you update your decors, think on how changing the floor only may affect you wanting to replace whole kitchen cabinets or counters at a later date... due to contractors working on the new floor you now have.
Think details like the before constructions and after construction works that is done or to be done for smaller projects vs a bigger whole projects. Think process, think progress.
What you want to start off with is the "room" you want to deal with, then clip pictures from magazines/google search for pics online and compile a folder with these 'ideals'. Write what MATERIALS you think may need to complete these projects for the room; here is when you start to set budgets (helps you with a rough idea of budget, remember to add labor, shipping and a little extras "for the unseen trimmings" etc.).... Get paint chips, flooring samples or buy individual squares/strips of carpet, wood, ceramic tiles (what you don't use, you can always return)etc.. from your local hardware stores. If you need for someone to tackle the job, hire a contractor (but price them accordingly and make sure they have references to their work)... or you can always hire your local interior decorator to help with these projects if you lack the time to do it. If you can handle the projects by yourself time-wise, there are plenty of "how-to" home improvement advise and infos on-line, on home-improvement channels and help from your local home improvement stores!!!
After your compilation, make a collage out of your pics, notes, writings, samples etc... frame them up and you have a very nice piece of Art work for your walls to tell the story of how you got there (with the finished projects). I do that for my favourite clients.
Just my 2 cents.