Hi guys,
Just thought I'd open up a discussion on thoughts and tips on renovating your PPOR without over capitalising.
I have been in my PPOR for 14 years and have no mortgage. The house is a 4 bdrm, 2 bth home with games/family/formal areas. It sits on the high side of the road at the end of a cul-de-sac overlooking the national park in a suburb with excellent infrastructure including public transport, university, tafe, police academy, private school, restaurants, work opportunities, all within walking distance or at most a 2 min drive by car.
The house is tired, needs a lift.....a little more space as well, and we have 2 teenage boys (and all their mates are here regularly too).
Ideally my husband and I would like to go second story but I am concerned that we could be over capitalising.
Thoughts would be appreciated???!!
cheers
sq
Just thought I'd open up a discussion on thoughts and tips on renovating your PPOR without over capitalising.
I have been in my PPOR for 14 years and have no mortgage. The house is a 4 bdrm, 2 bth home with games/family/formal areas. It sits on the high side of the road at the end of a cul-de-sac overlooking the national park in a suburb with excellent infrastructure including public transport, university, tafe, police academy, private school, restaurants, work opportunities, all within walking distance or at most a 2 min drive by car.
The house is tired, needs a lift.....a little more space as well, and we have 2 teenage boys (and all their mates are here regularly too).
Ideally my husband and I would like to go second story but I am concerned that we could be over capitalising.
Thoughts would be appreciated???!!
cheers
sq