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Originally posted by Did you just call me Coltrane?
Is it worth it in this housing market? We plan to stay in this place for another 4-6 years (bought in 2/2006), so we'll get some enjoyment from a new kitchen, but I'd like to know what everyone's thoughts are on potential ROI. I'd like to recognize a decent portion of my investment.
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What sort of remodel are you talking? I am trying to figure out if mine is going to be a $5,000 remodel (new floors, cabinets from IKEA (which as far as I can tell are pretty damned good) and countertops), a $10-15,000 remodel (above plus new appliances) or a $50-75,000 remodel (expand kitchen, add laundry room, half bath and master suite to that side of the house). I tihnk any of the above will add value to the house, but Houston hasn't really been hit by any discernable housing slump.
