When does home improvement become an emergency?
A few years back we purchased a foreclosure and after ~30k and a lot of sweat equity it is a nice, liveable house. Of course being an old house there are still pressing improvements.
-The windows are original single pane (1958). Several are cracked/damaged to some degree. The bedrooms in the back seem to be about 10 degrees colder/hotter than the main area. While it is noticeably uncomfortable at times are utility usage is not bad and I doubt we would be saving much monthly with new windows. Quote to replace all $5500.
-The house has no ventilation in the kitchens or bathrooms. Bathrooms do get foggy in the winter more often and mold seems to be a cause for concern. I'm sure I could install these myself but would need to hire an electrician to wire them.
-The kitchen. I know, I know facepunchs will be imminent. Small 1950's kitchen with no dishwasher, oven is broken, most of the cabinets don't close perfectly, and my wife hates the tile countertops as they are hard to clean. I have thought about just redoing the countertops and get a countertop oven, but since the kitchen is so small I might just renovate everything.
Currently saving around 30% including debt payments, but we still owe:
-6500 at 0% to parents
-9k at 2.9% car loan
~13k student loans which I will keep paying minimums because I will be eligible for loan forgiveness in 3 years.
I realize we should avoid the kitchen until debt free most likely, which can be done. What about the other two?
