(Closed) Cost of Additions/Remodels?

posted 6 years ago in Home
Post # 3
Member
216 posts
Helper bee
  • Wedding: April 2013

My parents added a one room addition and gutted the second story to the studs (redid 2 bathrooms & 4 bedrooms). They didn’t touch their first story at all. The cost was ~$200k. 

Post # 4
Member
13099 posts
Honey Beekeeper
  • Wedding: July 2010

My parents just re-did an existing kitchen and bathroom (new granite, tiles, shower, tub, sinks, fixtures, etc – I don’t think they touched the cabinets) for $26K.

Much more minimal than what you guys are looking at since they didn’t add anything new, just re-did what was already there.

Post # 5
Member
7311 posts
Busy Beekeeper
  • Wedding: October 2011 - Bed & Breakfast

When we were considering purchasing a home that would need an addition of about 500-600sq ft we spoke with a friend who used to be a general contractor. According to our friend, we were looking at $100-$130k to add 600 square feet. It wasn’t worth it to us.

Post # 5
Member
7311 posts
Busy Beekeeper
  • Wedding: October 2011 - Bed & Breakfast

double post

Post # 6
Member
6661 posts
Bee Keeper
  • Wedding: May 2010

My brother did exactly what you described to his current home and it ended up costing around $200K. Nothing fancy, just an addition on the 2nd level of a master suite. He also had his back deck expanded a little, but not by a lot.

Post # 9
Member
5762 posts
Bee Keeper

One thing you don’t want to do is to over improve for the neighborhood. You’ll never get that money back and it may make it harder to sell should something force you to relocate.

I’d get some contractors out anyway, and give them all the same specs that you’re considering, so you can compare apples to apples. If you start making any changes half way through your estimates (like if they offer some suggestions for things you hadn’t considered), make sure you can get the others to increase their’s too based on the changes.

Many people are opting to remodel and stay put, and in some cases it makes sense. Make sure you do your homework and only get estimates from reputable contractors.

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