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Reply to "Should we spend 500K on a renovation?"
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[quote=Anonymous][quote=Anonymous]No, just move away, downsize, whatever. Don’t spend the last few years your kids are living at home stuck in a renovation. That’s a nightmare.[/quote] This. Your entire home life will be upended for awhile. And I would get clear on whether you are doing this for your quality of life or to try and build equity - because your quality of life will decrease significantly before it increases. If you're chasing equity, I would chat with some realtors first to make sure the return will be worth the hassle.[/quote]
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