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Friday, October 07, 2005

Surviving Renovations

No matter which way you look at it, buying your first house can be very stressful. The debt load of the mortgage is one thing, not to mention the monthly up keep, operating costs and yearly property taxes. Some people try to save a few bucks by getting into the game by buying an older house and renovating it themselves, by far the cheaper route, at least initially. But what about all the added expenses that inevitably crop up? And what about all the time and personal commitment involved? In the long run, is it all really worth it? For Emma Kelly, a project coordinator for a Toronto ad agency, it wasn’t. She and her boyfriend bought their dream home three years ago with the best intentions. It was a 100-year-old home in midtown Toronto, and it needed a lot of work- everything from new wiring, plumbing, and windows, to doorknobs, fixtures and walls. But the dream quickly turned into a nightmare after they moved in and tackled their first big project-the kitchen.

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