Anonymous wrote:Anonymous wrote:Our kitchen is the original from 1985 and a couple of years ago after getting kitchen remodeling estimates we came to the conclusion that it wasn't worth it right now. A pull and replace job (not changing layout) with mid-grade materials and appliances from the big box store was going to cost $75K for an average sized kitchen. Though had saved the money, we are frugal and think about the opportunity costs of blowing so much money on a kitchen remodel. We have two young children. $75k invested in a 529 lump sum would be enough to pay for college tuition in state in 15 years. I think you really have to have money burning a hole in your pockets to spend this kind of money on a functional kitchen.
But when you sell the house, it will cost you. You will get less.
Anonymous wrote:The problem is that inflation has driven up prices to staggering levels, OP. It's not that posters on here are telling you to add extra fancy things. It's that the most basic jobs are outrageously expensive these days. You can get a few quotes and see what happens.
I'm frugal, and not planning on renovating anything this year. Hopefully next year with the recession, contractors will lower their prices.
Anonymous wrote:I guess I must be a different kind of frugal than DCUM frugal because I wouldn't call someone who would paint someone else to re-stain or paint their cabinets frugal. We refinished ours ourselves.