Thanks for sharing. It’s interesting to see the models of the present house and of the “renovated”. Honestly, though 17 mil is high, I thought the cost for renovation would have been higher assuming that the house is more than 40 years old. I don’t have much experience in this field, but having spoken to a few retirees who have had to decide what to do with their family house after their parents had passed, they mentioned how expensive it is to do renovations. One of them in particular, decided that it was better to demolish though that too was expensive. Demolition costs include getting rid of the different parts/ materials of the house after it’s taken down.
It’s good and unusual that they suggested ways in which you could cut cost. With such low interest rates on loans and @17M, I’d probably give it a run though there may be other factors to be considered.