If you can pay in cash and the remodeling will make you happy, do it. If you have to finance the remodel or are just doing it to keep up with the Jones', then don't. Being mustachian isn't about being as cheap as possible at all times, it's about making conscious choices to spend your hard earned money in ways that enhance your life. Personally, I'm a homebody so having a nice home is important to me. I'm currently in the midst of a whole house painting project. In the end I will have spent probably over a $1k in paint/stain/supplies/decorating just because I wanted things to look nicer. So far I have one room done and it looks great. I find myself spending more time in that room because the fresh paint makes the room feel so calm and relaxing. YMMV.