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Real Estate
Reply to "WWYD - House with a ton of work"
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[quote=Anonymous]We bought a house in similar circumstances, but it was a historic home. Fortunately, despite spending $300K on the renovations, we still had significant equity after. We upgraded electrical, renovated all bathrooms and the kitchen, installed central air, refinished floors, built a new driveway, installed a new garage door, and redid all the landscaping. Bought the place for $1.4 and it was worth $1.9 after the renovations. It was the only way we were getting into our ideal neighborhood and it has been absolutely worth it.[/quote]
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