I've just finished my third year in my house and we've already done the following:
- roof (needed to be done year 1) - STRONG suggestion, do NOT do this yourself, it's HELL
- kitchen: old one really was that
- painted all of the upstairs (I live in a bungalow) including the bedrooms
- upstairs bathroom: changed the whole thing, only the toilet is original
- cut a "window" hole my living and dining rooms, made a HUGE difference
- rewired a bunch of electrical upstairs
- cleaned up the gardens and side of the house: wife re-soiled the front garden and we removed these insanely heavy concrete slabs out of the way
- removed an old bar and completely took out a stupid looking wall taking up half my basement
Stuff we're in the middle of or plan to do:
- reseeding the front and back yards: yard was very neglected; we've already seeded, just waiting for germination
- trimming trees: I don't want to cut them down even though they block out my Dishnet since I have a huge pine and a couple of maples in the back, so we're having a guy come in next weekend to trim
- rebuild bar: plumbing is already there and it helps with resale so why not?
- finish taping and prime rebuilt wall: yeah, I've been lazy, it's been about 8 months now
- paint entire basement: after wall
- change carpets in bedrooms and downstairs
- re-do driveway: it's old and a bit wavey, but I'm not sure I wanna do it as this is a starter home and something like that you don't get back in resale
Nowadays, you kinda need to do a lot of work in a home, they're just too expensive. And I prefer older homes, they're built SOO much better than the new ones. I also live in a mature neighbourhood with unique homes and a decent lot, not to mention a bungalow, which is a dying breed. My home wasn't too brutal since other than the roof, everything is really cosmetic and/or personal, we were very lucky.
I've also gained a good $40k in value and another $20k in principle paydown (I got lucky with 4.5% fixed for 5 years and pay weekly and fast pay so about half of my payment goes directly to principle) so I've got decent equity now. I'm hoping by the time we're ready to move (after hopefully a couple of kids) to a bigger home in 5 years, I'll have nearly half the house paid down and can put a good dent in the price of the new home. I'm also waiting for the market to settle down, it's been freakin' NUTS in my area
I was there on that fateful day, were you?