My roommate is a big proponent of investing in the home you have. He has gained a pile of equity in the house over the last three years and is taking full advantage of it.
We have remodeled an entire wall in the basement. Replaced a wall between the stairs in the front entry way. Ripped up a bunch of wasteful lawn and replaced it with river stones. And this fall we're going to move a fence out towards the road to reclaim all that space for our private yard. It's been fun to see the improvements and great to see the home value continue to climb.
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