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Reply to "Is it absurd to spend $100k on a remodel?"
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[quote=Anonymous]We are doing the same thing. Spending 150K on a remodel for a house worth about 800K. Gutting kitchen, bathrooms and laundry, building a screened in porch, all new lighting, doors throughout the house. We plan on staying at least 15 years though and once we remodel, our house will be priced what other homes in the neighborhood are worth. We bought one of the few remaining unremodeled/tear down homes in the neighborhood about two years ago. We just didn't have 400K to tear down and build new.[/quote]
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