Anonymous wrote:You'll probably end up spending $200k and more if you do higher end furnishings. Estate sales may look like they're in fine shape, but you'll probably want to replace a bunch of things while you're at it, tear down some walls, refinish floors, etc.
$40k kitchen
$20k for two basic budget bathrooms
$4k to refinish existing wood floors or $15k to redo.
$7k for painting interior whole house.
$5k for new roof
$7k for various upgrades to utilities. More if everything needs replacing
$3k to upgrade the power
$5k for various electrical upgrades, recessed lights added, lights replaced, switches updated etc
$10k for moving some walls around, creating a new closet here and there stc
$40k for finishing the basement, no bathroom. Add $10k if you put in a bathroom. Add $5k if you plan to move any of the existing utilities down there. Add $100k if you need to "do" the basement- that is, digging down at all, moving pipes and beams, egress, walls, add electrical etc. in other words, if your basement is currently just over 6 feet tall, junky stairs, beams everywhere, dirt or cement floor, etc, then plan on $150k for this expense.
$15k for some other extras - built ins, or a sly light, or replacing some windows etc - stuff that as you're going along, you realize would be money well spent given how much the rest of the Reno costs.
$7,000 for painting the interior! We painted the walls and ceilings of our entire rowhome in 2010 before moving in (also before we had kids), and I had no idea we'd saved so much in the process.