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Real Estate
Reply to "convincing my husband to invest money in our kitchen and finishing the basement"
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[quote=Anonymous]We live in a very small home with not much space. We have a kitchen that badly needs renovation -- not much usable storage space, terrible lighting, counters that are too high for me, etc. And if the basement were finished, that would provide some much needed space for kids to play and me to have my own desk. We are going to stay here at least 5-7 more years. I think we are going to have to do the kitchen renovation to get a decent price on resale anyway. I think we should do modest improvements now and enjoy them for 5-7 years. How can I convince my husband? Would it help to consult with a real estate agent on strategies for resale even though we don't plan to sell anytime soon? We are not rolling in money, but we do have enough cash to pay for modest renovations without a loan and without dipping into emergency savings. DH doesn't think we need the space and that the kitchen is fine. I am no prima donna but I think a little investment would greatly improve our quality of life and add much needed storage space. DH doesn't have the final say--we decide jointly--but since we must agree on major purchases, his veto prevails. Thanks![/quote]
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