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Reply to "Using Savings for Bathroom Renovation"
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[quote=Anonymous]Are you likely to move in 2-3 years? Are you planning a second child? We redid our Fairlington condo when J was expecting #1. We moved when #2 was 6 months old. We spent $29K on a new (small) kitchen, new bathroom and other things. The unit sold quickly, but only for about $10K more than our neigbor's identical sized unit that looked like ours prior to the work. What I'm saying is that we paid ALOT of money (almost $20K) to have that new kitchen/bathroom for only 3 years! In retrospect, we should have sucked it up and just lived in our old (but functional) kitchen and saved the cash. People say you will "get it back when you sell", but this is not always the case, esp when you are going from good to great as opposed to from bad to great. [/quote]
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