New build/remodel regrets?
Carolyn Morog
2 years ago
Featured Answer
Comments (8)
Kayla Higdon
2 years agochispa
2 years agoRelated Discussions
demolition + new building vs extensive remodeling
Comments (2)I worked with a client who ended up doing a teardown of the house that they had lived in for 15 years because the extent of the renovation would have cost almost as much as a new house, but the new construction would have been worth more than the old house renovated. (They are post war splits and ranches and the splits in particular do not take additions well: they look awkward, and are still a small house with a big addition.) The turning point for them was that bids were coming in for hundreds of thousands, and the builders were saying that it would be more cost effective to demolish and start over. HOWEVER, the real estate market has dropped, the homeowners got divorced and in their particular part of the neighborhood no one else has done a teardown yet. The wife is trying to sell and although there is a lot of interest, no one wants to have the biggest/nicest house in the immediate neighborhood. You have to decide whether you will be overimproving for the neighborhood as well. At the time, there was a lot of discussion that they were doing this but there were other people planning to do this, and they thought well, in 15 years if we sell, the neighborhood will have caught up. Well, two years later they were divorced and the economy has prevented anyone else from going this route. In an interesting turn of events the wife bought the house next door from an estate, its the twin of what she tore down. The house was considered "worthless", it is the land that had the value. However, she is not tearing this one down, she is doing a gut reno of the same footprint. The other thing you should consider is if you should sell the property and invest in a house that is closer to what you want....See MoreHow to install new sump pump pit for basement remodel/build out?
Comments (1)"Run Toliet drain straight into Pit underground." Sewage ejection systems are NOT sump pumps. The pumps are not the same, and the rules are not the same....See MoreCaught between remodeling and building new.
Comments (4)We do have space to add a garage, but none are ideal and add to cost of the project. The logic place would be next to the house, but the yard severely slopes from front to back, to the point where when you walk out of the basement its still another 7' to ground level. So we would need a massive foundation to build a garage there. Could add one in front of where the old one was, but would require a reconfiguration of driveway and site work :( I would want to stay in town. Kids are comfortable here and we have made a lot of friends in town. I like it here. Not a lot of land on the market though. Have thought about just staying put until kids leave but how realistic is it going to be to build while putting two kids through college? The yard is hopeless. I need to win one of those landscape make over shows lol. It slopes all over, needs retaining walls, the lawn needs help, lots of work. I love doing the interior work but hate dealing with the yard....See MoreComplete remodel with addition or build new?
Comments (18)Is this a cold money decision? Or are there other factors that come into play? Money will say new will win. Money being only one factor will have tossup results. Do you love the land, and the house is just a convenience in that it’s already built? If you had your choice of building site, would that be it? Or is there a better location with a better view or road access or more screening from neighbors? Do you love the house? Do you care if it cists you double to have it remodeled rather than building new? Are you a purist who would want to do more restoration than remuddle?...See MoreMark Bischak, Architect
2 years agobfatx
2 years agoJAN MOYER
2 years agolast modified: 2 years agoPatricia Colwell Consulting
2 years agocpartist
2 years ago
Related Stories
REMODELING GUIDES10 Biggest Remodeling Regrets and How to Avoid Them
We’ve asked a panel of experts to reveal the most common renovating mistakes — and how to steer clear of them
Full StoryKNOW YOUR HOUSEBuilding or Remodeling? Get the Lowdown on Load Codes
Sometimes standard isn’t enough. Learn about codes for structural loads so your home will stay strong over time
Full StoryTREESHow to Protect Your Trees When You’re Remodeling or Building
Will your home be undergoing construction this year? Be sure to safeguard your landscape’s valuable trees
Full StoryREMODELING GUIDESHow to Remodel Your Relationship While Remodeling Your Home
A new Houzz survey shows how couples cope with stress and make tough choices during building and decorating projects
Full StoryCONTRACTOR TIPSBuilding Permits: What to Know About Green Building and Energy Codes
In Part 4 of our series examining the residential permit process, we review typical green building and energy code requirements
Full StoryLATEST NEWS FOR PROFESSIONALSRemodeling and Design Firms Are Optimistic for Third-Quarter 2019
The Q3 Houzz Renovation Barometer reveals that heavy rains, labor shortages and tariffs have challenged build-only firms
Full StoryHOUZZ PRODUCT NEWSWhen to Use Templates in Your Remodeling Business
Repetitive or time-consuming tasks such as building estimates and tracking project materials could be good candidates
Full StoryGREEN BUILDINGHow to Donate or Recycle Home Remodeling Materials
Cut greenhouse gas emissions, ease landfill loads and give back to neighbors with an eco-friendly approach to renovation
Full StoryREMODELING GUIDES8 Ways to Stick to Your Budget When Remodeling or Adding On
Know thyself, plan well and beware of ‘scope creep’
Full Story
Verbo