We have a newly purchased old home (1907) approx 1,550 sq. ft

Before we can move into it we have a Must do list and a Want to do list

The Must Do is:

Create a laundry area in the room the washer and dryer is currently in. Fairly small job.

Knock down a wall that the previous owners put up to create two rooms out of one large room.

Paint entire house top to bottom. Walls, doors and trim need a lot of prep. Big job.

Finish the wood floors throughout house

New HVAC

Furnish entire house including new washer, dryer, fridge and dishwasher

Demo and remove old metal work shed in the backyard (Approx 450 sq. ft)

Create two parking areas.

The Want to do:

Complete kitchen re do- everything needs to be moved over to where the dining area is. We are more than happy with an Ikea kitchen (not sure if that's smart though). This remodel would require

a number of new windows and an added door to the back yard.

Reality:

We have $130K to put towards the house. My feeling is if we try to do the kitchen we will not have enough money left over to do the things we MUST do.

My worry is if I get an estimate that works and we can complete everything from our must and want list and we start on the WANT task which makes the most sense to start first since it would rip up floors and take the longest . If we start there and run into unforeseen costs which OF COURSE WE WILL and then run out of money for the MUST do things.

Any thoughts are welcome!

If you got this far....thank you!!