@Mike H. Future painting does worry me some. My husband has suggested the idea of texturing the basement and paying to have the main and upstairs smoothed.
@Roy N. It's a 1500 square foot townhome. Hopefully my guesstimate is way off. This is the first property I've owned, so I'm just trying to assume the worst, hope for the best, and try to end up in the right place without too many costly mistakes.
@Ryan Dossey Our plan has been to rent it out when we are done living here. Unfortunately we made the mistake of an 18 year mortgage, and unless we can refinance, we have lost all our cash flow in the mortgage payment. If refinancing is not a cost effective option, then selling is our backup plan. Looking back, I wish we had tried to negotiate a lower price than we did here. Newbie mistake, but it was our third property in the neighborhood that we offered on. One was $15k more and needed more work, so we thoughts this was a good price. I just realize now, it could have been better.