Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

16
Posts
1
Votes
Adam Baker
  • Carpenter
  • Winnipeg, Manitoba
1
Votes |
16
Posts

Almost done renovations. But how far do i go?

Adam Baker
  • Carpenter
  • Winnipeg, Manitoba
Posted
Hello. So last June my fiancee and i moved into our house with the idea of renovating it with $20,000 that we tacked onto the mortgage. We bought it for 158,900 and are hoping to sell it for 205,000 or more. I have been doing all the work myself which is the only way we can make any. Money off this flip. So the whole main floor has been renovated (new bath, kitchen, appliances, tore down and fixed sagging trusses, etc etc) and so now i have about 2200 left and i want to fix up the basement with mostly free materials, and paint the outside and fix the fence (minor things) so i am just wondering how far i should go with all these renovations? I am the type of person that sees every flaw and wants to fix it and make this house perfect. But what actually effects resale value? Andwhen have i gone too far? I am worried that i have done all this work over the past year and it will not pay off and it will just be a big learning experience...i can send pics if needed, i live in winnipeg, MB. Thanks for help.

Loading replies...