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Reply to "Cost of pop-top renovation"
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[quote=Anonymous]Lots of folks saying to bulldoze and renew. For many folks who bought in the $600-$650k range, which many of these small brick capes are going for in somewhat desirable areas, this is quite a costly proposition. Maybe at a price of $300-400k, but at $600 you already have a pretty decent sized mortgage. A new home is going to run another $400-500k minimum with a 1600 so ft footprint and no fancy finishings. That’s now a $900-$1M home with two large mortgages. [/quote]
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