Reply to Would you spend $1m on a house remodel

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[quote=Anonymous][quote=Anonymous]11:24 poster again

A million dollars could fund some nice trips with the kids over the upcoming years.

You could triage repairs.  Replace faucets if they leak.  Replace kitchen appliances when they break.  If windows are leaking water or air replace them.  If you have cracked drywall repair the drywall and repaint those rooms.

Millions of Americans live in 30, 40 or 50 year old homes with formica kitchen counters and still have happy lives.

Remodeling due to surfaces being out of date is a relatively new concept in America mostly driven by HGTV.

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If you can afford to buy a $4M home, you are not "most Americans" and really don't want to live in a home with formica kitchen counters.

Personally I'd evaluate what you can actually afford, consider renting a small 1 bedroom to live in during the majority of the renovations and just doing it all. I cannot tell you how nice it is to have a home done the way you want.  I have 2 of them, and now when we travel (and stay in luxury places) we still think our home is better....it's nice to come home to what you love.  If you can afford it, why not?  Life isn't about just getting by, you can't take your money with you so why not use it to enjoy life
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