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Home Improvement, Design, and Decorating
Reply to "would you spend 200k upgrade on a 630k house?"
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[quote=Anonymous]I absolutely would, if I loved the neighborhood, lot and house (other than what is being renovated), I'm planning to stay a while, and the renovations will make me happy. I'd accept that only a fraction of the renovation cost will be an "investment" into building home equity, and the rest is a cost that I'm willing to pay to increase my enjoyment of the house while avoid the expense/hassle of selling/buying/moving. I spend a lot of time at home these days, and want to love my surroundings! -Signed, currently spending $70K on landscaping for a $500K house. I know it's not a wise investment and I'll never get it back in home value, but it'll make me happy for the next 10+ years that I plan to live here.[/quote]
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