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Real Estate
Reply to "What can I renovate for $200k"
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[quote=Anonymous]Ok, so I'm a renovation newbie. We are considering buying a home in Silver Spring that has pretty decent space, about 2500 sqft, but is so aesthetically dated that it hurts to look at it. We'd ideally like to knock down a wall here or there to make things a bit more open, perhaps add on a sun room or large porch, and update all of the finishes. Fortunately, the home is cheap enough that we'd have about $200k to put into renovations. Am I even remotely in the ballpark? Is $200k a lot for a renovation or is it peanuts? And yes, we're going to have an architect and contractor walk through with us before we put in a bid. But I'd be interested to hear some feedback here first.[/quote]
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