Wants vs. Needs: A Look at Prioritizing Home Renovations

Our clients, Robin and James,* have lived in their large, 90-year-old stone single home for 20+ years. They are now in their 40s, and have raised two active boys. James runs daily in the neighboring wooded parkland. The kids are active in hockey, tennis, and do well in school. In fact, they are preparing to head off to college in the next few years. The college fund is paid up, and it’s time for Robin and James to plan ahead for their own needs and enjoyment.

Part of that planning includes renovating their home to maintain or enhance its value. It’s a very well built, handsome home so they want to renovate carefully.

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