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[quote=Anonymous]OP, be aware that whatever 'estimates' you received by asking a contractor to look around your house and throw out some ballpark numbers are worthless. We did a gut reno and an addition on a small house, so I know how this goes.

Until you have construction documents and materials specs, no one can give you anything like a reasonably accurate estimate. Our bids ranged from 2 to 4 times the "ballpark" numbers we heard from contractors, and that was *after* we'd spent thousands on an architect and structural engineer and before we spent other thousands on moving in/out, renting a place to live during the construction, and replacing furniture and fixtures to suit the new space.

I can't price your project, but you better prepared that (1) it's going to cost a LOT more than you think it will or should; and (2) you won't know what it costs until you've already sunk a lot of money into the planning. Fwiw even though the process is hellish and felt like we were lighting money on fire, we're thrilled that we now have a nice, liveable space that will be paid off in a couple of years. That kind of security is priceless. In your case, I'd definitely stay but go in eyes wide open.[/quote]

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