We have a lot of “deferred maintenance” to do, plus the option of upgrading everything so it’s camera ready for new owners.
While the upgrade seems worth it from a financial viewpoint, it will take time and access to enough money to finance what will be $75-100k in improvements. We’re still weighing the options on this.
Update: Looks like we are going to invest $25-30k in fixing and painting instead, and avoid a major remodel.
Here’s what our house looked like soon after we moved in: