Monday, March 27, 2006

When Remodeling No Longer Adds Up

MILWAUKEE -- No more remodeling for the Nowakowskis.

Over the past 20 years, they've redone a lot -- windows, floors and added a master suite -- in their Greenfield, Wis., house.

Each project has brought their once-tired house in line with its prettier neighbors. Larry Nowakowski figures that he and his wife, Nina, will get back every dollar of what they've spent, some of it from home equity loans, thanks to rapidly rising house prices.

But now the Nowakowskis are throwing in the trowel.(Read More)

Source: Washington Post