Reply to How much is too much to put into a house?

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[quote=Anonymous][quote=Anonymous]I would never do a renovation and live in a home at the same time. I would sell and rent instead as I find it cheaper and have places to put the cash from the house.
In 5 year, I will buy a house someone else renovated and have cash left over.[/quote]

But you won't know the quality of the renovation.  A neighbor down the road bought a couple years ago a brand new house.  Looked beautiful on the inside and out, but ever since they bought it all there has been is WORK!  Allegedly a lot of the work was not great quality (including the sewer line that had to be redone/fixed multiple times).  They purchased for $1.7/1.8 million and is probably work now $2million-$2.3 million.

We also bought a home, not from a flipper, but from a family and the couple ended up divorcing.  They renovated, but did not tear down.  We also found issues (during inspection) and had to fix things that should have been done correctly during a proper renovation.  When they offered to fix before close, we declined and asked for money.  We paid more to fix issues, but I rather have it done correctly and how I want it.  I thought they might do a cheap fix.

My husband wants to redo our primary bath.  I think it is totally fine.  It is not how I would build my own bath, but I rather not spend $ in that area. Our kitchen is new with top of the line appliances, but I don't love the layout.  I am not fixing it, but looking for better ways to organize and make it my own.

My SIL put in new a backsplash, countertops, appliances, sink, painted the cabinets and put on new hardware.  Makes the kitchen look brighter and more updated. They love it, cost a fraction of what a full remodel would cost. They rather spend their $ in other areas.  My mom also did this in her kitchen and she doesn't like it.  I think it looks fine, but she needed to renovate the bathrooms and get all new windows and wanted to save $ before redoing the kitchen.  But every time I visit she comments on how she hates her kitchen and how she has no space to cook.  So, I also think it depends on your personality/if you have the funds/etc. [/quote]

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