Finding the perfect combination of house and location can often be a challenge. Perhaps you have found a lot with a lovely view, privacy and mature vegetation. The only problem is the house. The World War II-era foundation is cracked, the kitchen is the size of a closet and none of the bedrooms will accommodate your furniture. Rather than passing up the purchase, consider whether it is feasible to renovate or rebuild. Once you have done a careful analysis of the renovation costs, it’s time to weight them agai...
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