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<<In my opinion, most home "updates" are a waste of money. They are usually consumption masquerading as an "investment."

My bias is to keep things simple. Pay off your debts. Invest extra income in good investments, not personal consumption.

Yes - we know your carpet is the original carpet that was in the home when you bought it how many years ago?

AJ >>

The carpets probably date to 1962 when the last major remodel was done.

IF I decide to rehab the house just before selling it, so that any carpets, cabinets, roofing, paint and such will be NEW, not years old.

As I said, MOST of the "investments" people make updating their homes is consumption disguised as an "investment."

Five year old carpets, cabinets or countertops aren't "new" if you sell your home, and imagining that they are doesn't make them new.

People kid themselves about such things all the time.

And I haven't suffered the damage of having children and pets ruining my home, also very common. Without such damage, things like carpets can last a very long time.

Seattle Pioneer
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