Wife and me are in negotiations on a nice three bed two bath in Luling, built in 1925. House has had quite a bit of updates done (rewired, AC, insulation, in ground pool), however what would be the master bedroom needs to be completed. It has no attached bathroom or closet, but the room is big enough we have a contractor who we plan to use to add a master bath and closet. Now the house has all original hardwood floors, the kitchen they have lenolium currently, but we plan to remove it and restrain the bedroom and kitchen. We have about thirty grand we plan to put into the home. Which would be finishing the master suite, redoing the kitchen (flooring, paint cabinets, add granite countertops, backsplash) as well as some painting and other cosmetic stuff. Now a lot of this stuff we plan to put sweat equity in ourselves like the flooring and painting other than the kitchen cabinets. The only thing we're not getting in that I wanted was to redo all of the exterior windows (23 of them). The house has single pane wood frame windows that are in great shape but I know aren't great for energy efficiency, but from what I'd read the current things were working on will add more home value.
Can I get any advice as to if we're investing our money in the wrong places, and where else we may be better putting our money. With a new inground pool, we've planned on adding an outdoor kitchen next.
Can I get any advice as to if we're investing our money in the wrong places, and where else we may be better putting our money. With a new inground pool, we've planned on adding an outdoor kitchen next.