Why We’re Renovating At This Time

June 1, 2010

managing money

Well, it seemed as good as any. 😀

I wanted to renovate this kitchen ever since we moved here, 13 years ago. The kitchen, remodeled by the previous owners in dark brown, orange, and yellow, was dark, dank, and horrid. I painted the cabinets and walls white to get some light in the room, but the paint didn’t help much. We just kept tolerating the disaster year after year, hoping that *something* would happen to help us pay for it.

Well, after I saw the condition of the old knob and tube wiring when I gutted the living room in 2007, I shut down the electric for half the house. The kitchen electric was cobbed together with a few sliced wires, so all we had was a small, dangling fixture and two outlets. And then the plumbing in the ceiling started to leak to the kitchen below. And then the countertops started to dissolve. And then the plaster started falling down on our heads. And then, we got a letter from our insurance company, asking us to review our now-decade-old policy and get a new inspection of the house for a new policy.

We’d NEVER get approved. Never, not in the condition the house was in. And according to our mortgage, we HAVE to have home insurance. So if we couldn’t renew with our old insurance company, we were going to pay through the nose for some really, really expensive policy. And I didn’t want to spend that money on insurance– I’d rather spend the money on a new kitchen and be done with it.

It was difficult enough to try to get this policy. We live in a residential area, but everywhere around us– north, south, east, and west– are businesses. It’s a mixed dwelling area. So many insurers wouldn’t even look at our property because we are so close to businesses and parking lots. We finally found someone who would take us. The LAST thing I want to do is jeopardize it.

So I guess you could say this situation motivated us to do the kitchen. I was motivated enough before, but I was willing to *wait* for money to drop into my lap before I got started. And that never happened. However, now that we have begun, the money is coming in. I have a job, and while it is difficult to work my online job AND renovate at the same time, it’s not impossible.

But my advice to anyone else would be: don’t wait for an insurance problem to back up into a wall. Get it done, so you can enjoy it and not feel pressured. 🙂

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One Response to “Why We’re Renovating At This Time”

  1. Marg Says:

    That is probably a good idea. Too scary to be without insurance. It is so tempting not to have it.
    Have a great day and don’t work too hard.