Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Should we spend 500K on a renovation?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]1950s midcentury modern house. Small kitchen renovation 10 years ago but not much else done other than maintenance (roof, AC). Kids will all be in college within 4 years and their tuition is nearly 100% covered. We have 4mil+ in retirement funds and 1.5 mil in short term inherited investments. Does it make sense to put 500K into a renovation? Our neighborhood has homes from 1mil to 5mil and I'm guessing the renovation could add 1.3 mil to the home value more or less based on comps. Does it make sense to do this now, and given our area is that a typical budget for adding a floor and general upgrades to the whole house? Thanks for any advice, we are at the very start of this daunting process, but love the house and don't want to buy a newer one.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
