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Reply to "Should we spend 500K on a renovation?"
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[quote=Anonymous][quote=Anonymous]You’ve made it through their childhood without the extra space. Now is the time to think about downsizing in 4 years. Start shedding material things and travel. It’s dumb to enlarge once the kids are grown. Remodel here and there, but no major renovations just as kids are done. [/quote] My long dead Mom told me the only time you remodel is in a recession. Like back in 2009 you could get guys to do jobs cheap. I for instance old house in 1999 had plans to do a new kitchen but quotes high, the stock market crashed in 2000 hard and in early 2001 did kitchen for less. Contractors if busy quote very high. In 2009 my neighbor got work done at cost almost as owner would have to lay off people unless busy and she wanted the job just to pay salaries. Did not care about mark up that much. But right now with tarriffs and contractos charging full price is crazy [/quote]
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