• FancyPantsFIRE
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    1 year ago

    Are these renovations fun or just necessary? We’ve had to do quite a bit with our century home, unfortunately most have been the not fun kind.

    • runawaycorvid@lemmy.world
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      1 year ago

      These most recent ones are for fun. One of those classic HGTV-style renovations. Knocking out walls, putting in a beam, redoing the kitchen and fireplace. We’ve probably put about another $60K in necessary repairs and appliance replacements in the 5 years we’ve owned it.

      Still though, even if these renovations added zero value we would still be ahead in home value since we bought it.

      • FancyPantsFIRE
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        1 year ago

        Got it, that’s fun then at least! Do planned renovations figure into your larger RE strategy at all?

        We’ve done $225k(ish) in renovations over the last four years and there are still two largish projects on our wish list. I want to wrap up the (known) big stuff before RE.