Monday, December 25, 2006

Know When to Fold 'Em

Fitzpatrick-Since many blogs are simply repositories for fairly mediocre personal handwringings, I’d avoided posting about my own upcoming remodeling project, and instead bored Peg verbally with it.

My husband and I had agreed we’d put off planning the job until this new year, but being the Type A Aries he is, he goaded me into decisions and materials selections throughout the year and went about hiring his godfather, an 82-year-old Armenian architect, to design an addition and remodel of our existing 1991 tract house.

So we dabbled around and six months and $4,000 in architectural fees later, we sold the house and moved.

Why?

During the planning, we performed the quality-of-life and quality-of-neighborhood calculations many of my clients have done and realized that even with sinking six-figures into the house, it wouldn’t be what we really wanted or where we really wanted to be.

Yeah, we spent four grand, but we didn’t waste a hundred.

Sometimes remodeling and investing in your home is one big card game. You assess your hand, you guess at neighboring hands, then you use your gut. And sometimes it says, “Fold.”

   permalink