With the rising cost of materials, 100k will not go very far in renovation.

It boils down to what is the purpose of your house.

1) As a home for you and family
2) As investment property
3) Both of the above

If your choice is (3), then you have to forgo a little comfort in life, as renovation cost can rarely be recovered.

Personally, I make clear distinction between a home or investment property.

This post has been edited by Dyong: Apr 15 2008, 10:06 AM