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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Maybe. What exactly does it entail? [/quote]

Full house remodel: Flooring, kitchen, bathroom, windows, plus some reconfigurations to make it work better for us. [/quote]

Hi OP.

I've found that approaching things in remodeling chunks over a number of years works well for me.  It is less cash outlay each year and it gives you a lot of time to think through what you want.

Are the windows leaking? Leaking water? Leaking air?  If not I'd do them way down the road.  Reconfigurations will get pricey.
I'd live in the house for 4-5 years to make sure you want reconfigurations.

Are these simply cosmetic changes or do you have cracked drywall in each room and floors caving in?  If these are just style/cosmetic changes I'd live with things for several years.

Is your husband handy?  Can he do some of the work?  Can he research products? Pick colors etc?  Can he paint the interior rooms?

The chunk method worked well for me. It was less money each year. It reduces stress. It was more manageable.

On my house I remodeled one bathroom year 1.  I remodeled the master bathroom year 2.  I remodeled the kitchen, the entire flooring in the house and painted all walls in house in year 4.  We moved out of the house into a 6 month apartment rental for the kitchen/flooring/painting of the house.  It took about 4-1/2 months for the kitchen remodel, retiling the entire house (was wall to wall) and painting of the interior with the exceptions of the two bathrooms.

Also you don't mention any exterior work?  How old is your roof?  
[/quote]

Thank you for the thoughtful response, PP. Right now, we are leaning toward a remodel in phases as well. We hope that it will allow us to stay in the house and minimize the disruption for the kids.

- OP[/quote]

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