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Reply to "Financing a teardown - who to use?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Op I’m sorry I can’t answer your question. If you don’t mind sharing, though, I’m curious what you were quoted to renovate your house. It must have been an insane amount if you are considering a teardown as an alternative. [/quote] Not OP but I was quoted $800K ish give or take $50K depending on the firm for a full gut reno on 2200ish square feet. This is in N Arlington and in 2025. [/quote] Thank you. And wow!! [/quote] This is probably for one of those fancy “design build” firms with an expensive reputation. Hiring contractors yourself for each separate part of the job and price shopping would be significantly less. But some people are lazy and impatient - hence the impulse to tear down your entire house. [/quote] Agreed. I popped up just as pandemic started, but even considering “pre-pandemic “ pricing it was no where near 800k. You can also go with an architect then contractor route, but you will be managing those people to get the job done. [/quote] Who did you use that was significantly less?[/quote]
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