If you’ve progressed any way at all down the renovation path, you would have discovered pretty quickly that it’s fairly easy to get to $250,000 without trying too hard. That kind of money will get you a ground-floor extension, but it might not cover re-doing your ensuite as well. Which is hard to understand when you flick through the Sunday papers and see page after page of project home after project home being offered for $250,000. That’s a four-bedroom, two-bathroom family home for the same price as a large living room and a kitchen reno. Whaaaaat?