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Real Estate
Reply to "convincing my husband to invest money in our kitchen and finishing the basement"
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[quote=Anonymous]We go to open houses in our area. Get a feel for what other's have done to make sure your house is current and at the right price point for your neighborhood market. Appraisers will notice when modifications have been done and to what level with the value your house. While I wouldn't contact a real estate agent purely for renovations reason attending open houses I've become acquanited with many local agents and ask them questions about what sells, what doesn't what makes sense to upgrade a house. Our philosphy with our older home is every year we tackle something. Not always big projects but there are some very obvious things that needed to be upgraded that weren't too expensive to accomplish, major renovations we plan on are: basement, kitchen and one bathroom. After that it will be cosmetic changes. Even if you re-do a kitchen or bathroom - in 7-10 years it will be dated. [/quote]
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