Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "Ballpark estimate for a 4,000 sq ft house renovation"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]I'll give a slightly different perspective. We renovated a 5,000 sq ft historic house. The basement was already finished, so we didn't have to do that, but we added a pool and a small addition, and we spent almost exactly $1 million. We could have done it for less, if we'd been looking to flip it, but we used an excellent architect and made the house exactly the way we wanted it, matching the historic finishes and woodwork, etc. Our house is beautiful and has a lot of character, and I love it. It's increased in value such that it's worth at least $500k more than we have in it, so it wasn't a *bad* financial decision. However, from a purely financial point of view, it probably would have made more sense to tear it down and build new. I'm still not sorry we did what we did. Tearing it down would have been a significant loss to our neighborhood and I think the historical character of the house was worth preserving. YMMV.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
