Houses! to buy or build?

Jan 11, 2008 09:45

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elegantelbow January 11 2008, 20:24:07 UTC
You have plenty of room on the lot to expand, and that's always an interesting idea. I've been told to estimate $100/sf for space that's added on, but, of course, it can run much higher than that, depending on what you do.

I'm happy to help you design an addition, too. I've seen so many bad additions in this town -- and with a little forethought you can get space that works for you and increases the value of the home.

Unfortunately, I think raising your square footage to 2700 sf would be over-improving the house on the lot, and that you wouldn't be likely to recoop it when you do finally go to sell the house. It doesn't mean, of course, that you shouldn't do it -- only that you're committing to stay there, if you do it.

Part of the decision is really whether you want to stay on a large lot like yours -- newer homes are often built on smaller lots.

I'm working on your CMA, and I'll do a quickie one too, as if your house were 2700 sf.

Cheers!

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coffegrl January 11 2008, 20:30:01 UTC
Actually, I think it's more realistic given our neighborhood to expand by another 1000 sq ft bringing it to 2350 or 2400. can you do the quickie with that size?

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elegantelbow January 11 2008, 20:37:04 UTC
Sure.

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elegantelbow January 16 2008, 00:30:17 UTC
I *just* emailed you this minute from my professional email. If you don't get it, will you please let me know?

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