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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What do you plan to do in the renovation? I don't think you could turn your house into something like the 4200 SF 4BR/4BA for 200K. Adding 1400 SF plus 1.5 BA and renovating everything else is going to be more than that (double, probably).

If the other house is in your neighborhood, I'd seriously entertain it. You don't want to manage a major renovation with three young children and two full-time jobs. At some point, isn't it worth something to just have the space you need and be able to focus on your family?[/quote]

Op - we would finish the basement to add a bathroom and rec room and then probably blow out the back of the house to make a large family room and expand the kitchen. But yea it would be expensive and horrible to live through.

I am just nervous about a) a new mortgage with a high interest rate, b) leaving our neighbors who would still be close by but not next door and we are very close to them and c) trying to sell our existing house. [/quote]

If you're in the DC area, you're not going to be able to finish a basement, add a bathroom, build an addition, and expand your kitchen for anything close to $200k.[/quote]

This. Just our basement (finishing with bathroom) in Burke is nearly $100k, kitchen was $70k.

I think for the addition/remodel you are looking at $3-400k[/quote]

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