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Home Improvement, Design, and Decorating
Reply to "Updating home - Big Bang or staggered?"
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[quote=Anonymous]I'm in the piece by piece camp. A house built in 1999 might have builder-grade materials (unless you picked them out, which you didn't in this case). It's not necessary to replace them all at once, since you really do need to ensure that the upgrade - and that's what it is - has some ability to add to the value of your house. If the comps aren't showing much of an increase in value (e.g., at least $30k), then you might never see a return on your investment. A nicer bathroom at $12k-$15k could pay for a new(er) car, for which you might have a greater need. Also, I have to ask - do you have an emergency fund of at least 6 months expenses, including a slight cushion for unexpected repairs? If not, skip the home improvements until you do.[/quote]
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