Reply to How to convince spouse home renovations make financial sense

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[quote=Anonymous]I have not read all of this, but based on the initial post of being in a desirable neighborhood, much of the value is in the land.

You will not get 100% of the cost of the big renovations you put in. You listed hugely expensive gut renos in normal times. Plus costs shot up with the 2020 pandemic, both materials and labor.

What would I do? I would look at blogs, I am not up on them anymore, but about low cost and DIY renovations and decorating. Some are Apartment Therapy (but the ideas apply to any home decorating too), Christen Benson's Blue Egg Brown Nest, and This Old House. Ignore HGTV which is trying to sell and markets to you.

For a kitchen update, the most bang for your buck is leave everything in place including cabinets. Do things such as paint cabinets with a gel stain and varnish. Maybe new hardware and light fixtures pay cash. Maybe, if it makes a big difference and you pay cash, add new countertop.

Look at slipcovers for the sofas and new pillows. Kids trash sofas anyway so better to wash the covers.

Look to what the realtors do to prep homes. Could make some key furniture updates - mostly get rid of furniture and clutter in your home because most people have too much. If something wrong sized or better to have a clear table somewhere for instance, keep an eye on FB Marketplave or Nextdoor for the right piece at a good price.

No need for a gut reno of the bathroom. Did you know that realtors get tubs and tiles re-glazed?

But also please examine what is prompting this all of a sudden?[/quote]

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