Quote:
Originally Posted by JARblue
I actually know a guy that had his entire downstairs (<1000sf) down to studs and foundation within a month of purchasing a house. It took him over a year to do everything he wanted, and he and his wife were living in it the entire time. Five years later they're still together and looking for a new house (they've got a baby now, so looking for move-in ready). Unfortunately, all the work he put in doesn't really add much value to his house. He's going to be capped by the neighborhood and location property values around him.
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That is exactly what I moved out of, an old war time home that needed full reno. I ended up doing good on it because the housing market has held up here in canada and my property actually increased over the 5 years I lived there. Plus I got it at a good price from the ORIGINAL OWNER and did the necessary updates to help get the price up.
Now I live in a new build and love it
house is way nicer and now I have a garage. Went from no garage to a 2 car garage
