Assessing Alternatives - To Buy Or to Renovate?

This is a common dilemma for many homeowners when faced with the necessity of a major home renovation. The decision will have to be approached from two perspectives. You will have to look at your emotional attachment to your home and the financial implication of your decision. You have to follow a two-step process where you will be able to take into account all possible scenarios that are associated with each of the two options.
from: http://ezinearticles.com/?Assessing-Alternatives---To-Buy-Or-to-Renovate?&id=3637699

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