Quote:
Originally Posted by mykalberta
90%+ of that is home improvement (new rug, yard work, appliances etc) not home maintenance.
I live in a condo and there is no way I would be spending on maintenance (things that break that make the home unlivable) on a 7 year old home that I spend on a 7 year old condo.
If you purchase an old home, the one time costs are home improvement, either you got a break on the purchase price knowing you would need to preform some upgrades or you purchased it as livable to some, but you wanted to upgrade somethings - that is not maintenance.
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I can see what you're saying, but there can be a blurry line between upgrading and maintaining on some of these older houses. Maybe any house for that matter. Sure they're technically one-time costs, but there is a never-ending list of one-time costs so it's not like you reach the finish line ever.
Quote:
Originally Posted by hulkrogan
Good for you if you've got the cash to save yourself the hassle, but man could you benefit from some DIY work.
That said, your list is huge. No way you could get a quarter of that done if you had to do it all yourself.
I was considering hiring out some interior painting. Your $7,500 quote has scared me right off that idea  |
The $7500 included installation and painting of baseboards throughout the house, painting of the ceiling upstairs and down, painting interior shutters, which was a ton of work, and then of course every wall. Yeah, it wasn't cheap but it's a pretty wicked paint job...I think we got good value out of it.
What I'd save in money with DIY I'd lose in stress and quality. There are a ton of semi-true excuses I could make, including a lack of time, but it basically comes down to I don't enjoy that type of thing. I like small, bite-sized projects (most of which I don't have on my list, which is more for significant expenditures).