Quote:
Originally Posted by 908/930
One thing about building right now is the the amount materials have gone up in the last 10 months, priced a 2x4x10 lately? It will go back down not sure when.
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Labor to do that rendering would be even more than materials. When you remodel, you need to look for the low hanging fruit, and concentrate on what will make your life better living in the house. You don't need to impress the neighbors to improve your living arrangements unless you have money to burn.
Do you really want to be a slave to a house payment, or do you want to have a house so you can have a secure base for living a full life? Sacrificing a year of your life to get a great house is one thing, working OT for the next 10 years to pay for it is another. If you have to tear the whole house down to rework it, it would be cheaper to start fresh.
I saw a lot of people go upside down after the 2008 recession. They had really nice houses though. Too bad they couldn't afford to keep them. Don't blow your nest egg on your pad, pad your nest egg.