Reply to convincing my husband to invest money in our kitchen and finishing the basement

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think meeting with a realtor is the first thing you should do. Get an idea of how those improvements would improve the value of your home and go from there. Based on what the realtor says you can decided what is an appropriate amount of money to spend and where it would be best to spend that money.

Of course this is based on the assumption that you plan on selling in 5-7 years. That alkong with how long you ahve already been there makes  huge difference on how much money you should put into your home.  [/quote]

This is absurd advice unless the renovations are intended to help move the house on the market.

[/quote]

how is it absure to say meet with a realtor to get an idea of how major and expensive home improvement will impact the value of a home? I think it would be ridiculous for OP to say put in 20K work of renovations if in 5 yrs they will go to sell and not recoup any of those costs or learn that they shoud have done the kitchen remodel versus finishing the basement. Now if OP was going to stay in the home for 10-20 years then yes, the advice makes no sense but it was mentioned that they plan on selling in 5-7 yrs. [/quote]

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