I don't think you could be more wrong. But think what you will. I'll live where I want in the house I want. |
Five Stages Of Grief 1. Denial and Isolation. 2. Anger. 3. Bargaining. 4. Depression. 5. Acceptance |
This may also help you out with overpaying for the addition http://www.goodtherapy.org/therapy-for-grief.html |
200k per sq ft is what is ideal. Quotes any higher than that are considered boutique and you could essentially build a new house for 300k sq ft. Consider this if you are doing a construction loan...you house has to appraise for the value of the loan or else you come out of pocket. So keep looking until you find a builder that can do it for 200-250k per sq ft.
looking at mls listing and seeing what the sq footage breakdown of the home should show you that 300k plus is too much..at that price just move. |
The $300K being quoted for a new home isn't the type of home you'd build in a nice neighborhood in Bethesda/Chevy Chase. Aside from cost, many of us actually prefer older homes and would pay a premium to live in an older home with charm. I have tons of friends who have done additions just like you've described and we have also. You won't find a reputable contractor in this area to do it for less than $300K and at that price, you're closely watching your budget and not making any top-of-the-line choices. |
scam alert "nice neighbhorhood", I guess places like McLean and North Arlington are NOT nice neighbhoroods? Please... FYI those new homes are much better quality then the old ones with "charm" aka problems. An Addition is nothing more than bad plastic surgery and a botched boob job on something old and falling apart. Lipstick on a pig or trying to shine a turd etc... Of course unless the home is a historic like lived in by George Washington or Ulysses S. Grant's last residence during the civil war it is probably nothing that is worth keeping. |
What about laughing all the way to the bank with my increased property value, willing buyers even in down markets, relatively short commute, continued long lasting friendship with neighbors, location, location, location, etc., etc? Don't cry for me new house builder dude. |
Our two story addition was $225 K including architect fees. We did two bathrooms but no kitchen. |
This is about the time someone posts the NDI link and shows us all that for 300k we can get a brand! new! home! |
Can you recommend the contractor you went with? |
much better than the unlivable midget garbage in chevy chase |
hence the need for the addition LOL |
We did that and were disappointed with the quality - apparently people in Baltimore aren't as picky as people in the DC area (our contractor was working with a number of people in the B-CC area and commented on this to us). Then he went bankrupt and we ended up having to pay more to get the job done. |
new website! pretty cool you can search on lot widths now
http://www.newdimensionsinc.com/ |
How much were the architect fees? |