Here is something else to also consider as well. Remodeling doesn't necessarily raise the value of your home. Adding an addition which you might spend $100,000 only gives you $30,000 extra value in the appraisal. Yes, the appraisers only allow 30% appreciation for an addition. Redoing your kitchen and your restrooms will add to your value, but only if everyone's home in the neighborhood is completely different. If every home is the same, you could find that you can spend $50,000 on a new kitchen, but your value is exactly the same as before. Adding a pool in Massachusetts may add absolutely no value to your appraisal. Repainting your rooms in a very "with it" beige color actually gives you value as it makes your home show very well which translates to a better price when someone makes an offer. I learned a long time ago that paint is the least expensive thing you can do to get the most bang for your buck. As I said below, price out your construction ideas and see if it isn't less expensive to get most of what you want by buying a new home.