Hey ya'll,
My husband and I are serious savers and live happily and simply. Our home is in an upscale neighborhood and the value of our home is a significant asset for us. Our kitchen is looking dated and could really use a refresh; i.e. re-facing the cabinets, new counters, sink, faucet, and tile back splash. I'm a DIY person and am willing to do quite work myself, but also work full-time, volunteer, have kids, etc., so time is not something I have tons of, so we would need to get some help with a remodel. The kitchen makes me somewhat unhappy, but I can live with it, if that makes sense to do. We will be moving in about 10 years, and by then the kitchen will DEFINITELY be dated and worn compared for the rest of our home. I'd love to redo the kitchen, but am unsure if it's a smart move. Here are the options as I see them:
1. Redo the kitchen soon as inexpensively as possible doing a lot of the work ourselves
2. Hold off and redo the kitchen before we sell the house so it looks brand new
3. Don't do a damn thing and take money off the price of they house for the next owner to do what they want
I'd love to hear people's thoughts on this and remodeling in general--when does it make sense to spend money? Remodeling is expensive, but keeping our homes nice is also important.
Thank you very much and happy saving!
Ellie