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Posted by Michael Bulatovich on March 6, 2007, 4:17 pm
> Hi,
>
> I have a case of a client that has a semi-contemporary 1800 sq.ft 4
> bedrm. split level, that she recently bought and want to convert it to
> a McMansion for sale.
>
> She wants to add a formal dining and living rm, great stairs, turn the
> sun room to a library/office, add a 3 car garage with an office/guest
> rm above linked with a bridge to the main structure (currently the
> house had barely a carport), new kitchen, relocate the entrance, etc.
> Also she wants to add a new floor with 4 more bedrooms.
>
> In synthesis, she wants something about a 3500-4000 sq.ft
>
> Analizing the situation and the financial cost of the construction and
> the architect services and time to make the remodeling design time, I
> almost bought into the idea of demolishing the existing house and
> start all over again.
>
> What do you guys think about it.
>
> I want to hear your opinion.
Notwithstanding the good points made about flipping houses, in my
experience, when it comes down to a pure dollars and cents perspective,
remodeling has always been cheaper. I've been involved in several projects
that began by doing the reno/demo study, and it always came up cheaper to
leave the original in place. It has value, and you don't have to pay tipping
fees to get rid of it.
There are, however, other "costs" to doing things this way, like less than
ideal arrangements, dimensions etc, things being totally out of plumb and
square, and all kinds of formal and technical challenges in trying to marry
the new and the old.
--
MichaelB
www.michaelbulatovich.ca
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