Saturday, September 13, 2008

Renovations


To renovate or not to renovate. That was our dilema. At 1150 sq ft our house is a well planned 1955 bungalow. The kitchen is small and dated but it is functional and in needs of an overhaul. The bedrooms while smallish by todays standards are generous for their time. The basement is partially finished and is perfect for the kids to entertain and have fun. We could always use more space but that is as much a product of where we are as a society as it is with needs.


In the spring of 2007 a house with the identical foot print of our house and similar finished conditions sold one bay over. The selling price was over 200% higher than what we had paid when we bought in 2002 so it started the ball rolling. Our original plan when we moved back to Winnipeg had been to buy a house, find a school and then move closer to the school. Instead we found a house that worked, we found a neighborhood that was perfect and decided to stay. To sell now means we would have to buy a new house that probably wouldn't have as many positives and we would be spending the next year and probably $50k in renovations and landscpaing to make it livable. The seeds of a renovation were planted.


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