Reply to Neighbors asking the cost of renovations -- do you tell?

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Reply to "Neighbors asking the cost of renovations -- do you tell?"

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[quote=Anonymous][quote=Anonymous]We're about to do a very major renovation ($1.2mln budget). My plan is to speak very broadly, and also just explain how things cost more than expected.. like "Damn, did you know in MoCo you have to pay a tree tax if you don't plant X trees on the lot? Then you have to get a sediment control plan and just that costs over $10k in engineer fees..." just to deflect the question. Our renovation could be done for half the price if we used lower-grade materials and didn't do certain details that aren't readily visible (reinforced top floor so we can add an addition on top of that later -- tied to an area with a provision for an elevator shaft).[/quote]

Same here.  We did a major renov/addition in '13.  The contract price was $620k but with all things factored in (stonework, appliances, etc., etc.) more like $700k+.  No one has asked and I would not give them a number, just say it cost more than I hoped or expected to spend but it seems worth it (compared to moving etc.).  The amount of the building permit is a public record though that number was well on the low side.  We could have done it for less, to, so I'd just note that the prices can vary depending on specific details you want, and leave it at that.[/quote]

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