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Was the Remodel Worth it?

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Published On : 10-30-2004
Author : Steve Donegan
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Many people are asking me, “Now that you are done remodeling, do you think it was worth it?”  Well, our house is very comfortable now and we enjoy it.  However, the costs are nearly double than what I anticipated.  The reason they are double is because when we put new things against the old things, we just ripped out the old and put went new.  I probably should have just started over with a new home. 

New homes just appreciate in value so much quicker than an older home.  When I say old, I mean like 10 years old.  That doesn't sound old, but in 'house years' it really is.  The reason is, fashion changes so quickly.  The value of most homes increases dramatically in the first ten years, but after that it levels off.  All in all, we are happy with our home and location, but I am sure we could have found a new area and built a new home, for less money. 

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