Hate my 2nd Floor Addition Siding
4 years ago
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- 4 years agolast modified: 4 years ago
- 4 years ago
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2nd Floor Addition - Basic Planning Advice - 1st Post
Comments (2)Maximizing resale value here is putting away the plans and moving. You are planning a very expensive remodel here that you will NEVER recoup the costs from. Which is OK if you plan to live there long term or are willing to pay for the increased livability as an expense and not an "investment". But, be very very sure you completely internalize that statement before moving forward with your plans....See More2nd Story Addition / first story renovation opinions welcome
Comments (17)I'm in Essex Ct, NJ. So likely not a big difference in construction costs, etc. Last year we completed a gut reno of our existing 1400 sq feet and added another 1600sq ft (out and up) + 600 foot basement under the addition. Not including any landscaping/hardscaping but including architect fees, permits + everything else it was around $375k. From what I understand costs have gone up since then so maybe $400k+ now. An important consideration that I didn't see you bring up is what the house would be worth after the addition/renovation. That's an important consideration, and what drove our decision to go ahead with the project. As for "it's cheaper to tear down & rebuild" - well, that's not necessarily true. In our town there are huge fees for doing new builds, and a different set of requirements which also add to costs significantly. Plus no matter what you are constrained in size by zoning laws, setbacks, etc. So the resulting home is no bigger. Sure, it is going to have a better layout, and maybe that offsets the big increase in costs, but likely not....See MoreWater in the 1st floor during 2nd floor addition
Comments (3)If there is rain in forecast the structure should be covered with tarps specially when people live there. That said if this is a plastered ceiling and if remained wet for a period of time it could lose its adhesion and fall down (seen that happen even from a small leak) and contractor should take every precaution not to allow that to happen or he will end up with a disaster on his hands....See More2nd floor addition, cost per square foot
Comments (25)New houses in my area of FL are now selling at $600+ per sq.ft. Back in 2019 it would have been half the price. Increases driven by higher prices for raw materials, appliances/fixtures and labor, and higher demand. It all adds up quickly. Back in 2002 we looked at expanding our first house. After we talked to a few builders and did the math, we sold the house and bought a bigger one. We paid even more for the new house, compared to old house plus remodel cost, but it was in a better neighborhood....See MoreRelated Professionals
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Bill IoannitisOriginal Author