Even at $125k improvement cost plus 2003 price and 100% return on improvement investment. It would bring this house back to 2003 price. Are you saying getting 2003 price is a good deal? I don’t. We got side track with the remodeling cost details. So ignore that and tell me who thinks 2003 price is a good deal? There no point in discussing about Mira Mesa in a Point Loma thread.
To me upgrading a house is like buying a luxury car. I expected to lose money but I do it for my own enjoyment.