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Old 11-01-2006, 12:24 AM   #16
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add on... or move? what would you do?


I am shocked you came back for the update after so long! Thank you for keeping us informed. It looks like a major undertaking one I think you will both be happy with.
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Old 11-05-2006, 07:50 PM   #17
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add on... or move? what would you do?


I would add on because you like the neighbourhood, and the most important thing is location, location, location.

But I am with 747, unless you will be able to recover the investment if you decide to sell, then I would think twice about adding on.
You don't want to lose on the investment.

My husband and I gutted our small 2 bedroom home, about 3 yrs. ago.
The small home was worth $500,000 and the addition cost $250,000.
Which comes to 750,000.
But because of the location that we are located. (We are in a very nice neighbourhood in Toronto, Canada), the home is now worth 1.2 million.

If I would not have been able to recover my investment, I would not have spent the money renovating.

(Just my opinion)
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Old 11-06-2006, 07:42 AM   #18
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add on... or move? what would you do?


You do keep mentioning a garage--why not include a garage with room area above....if you're not only wanting one story of course...but you would be able to have your square footage along with the yard by building up rather than out...just a thought....By the way....Your grass looks excellant...& your neighborhood is an important part of living....Good Luck & God Bless.......

LIVE WELL!
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Old 11-07-2006, 10:56 AM   #19
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add on... or move? what would you do?


Quote:
747 is correct. That roof could dive up the cost of framing by 75%. Just something to think about. Did you also get your garage that you wanted?
Nope, no garage. You can't tell from the drawing but there is a small detached one car on the far right side of the house. It's in knock down condition, but I need to restore it. It's the only option. The house sits on the far back end of the lot and there was just no variation of putting a garage in the front yard that we liked. (as you can see in this picture) we don't own just the picket fence, we own the entire corner.


as far as value goes, we are currently into the house for $130k, and it's valued at $200k. but it's a tough market for a 1 bedroom! We've been estimated anywhere from 80k-120k for the addon, putting us at $210 to $250k in cost for the home afterwards. The estimated value of the home afterwards is $320-350... so we won't lose any value, but we'll have a much more marketable home.
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Old 11-07-2006, 10:58 AM   #20
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Quote:
I am shocked you came back for the update after so long! Thank you for keeping us informed. It looks like a major undertaking one I think you will both be happy with.
Of course! I'm a major forum junkie. It just so happens though that I had my email responses from this forum sent to an email address I don't check often (because it's overrun with spam) so I keep forgetting to check back to this thread.

we haven't received our drawings yet, but they are due any day.


Oh yeah, don't know if I mentioned this yet or not, but the upstairs is supposed to be all valued. The bedrooms aren't huge, but I think valued ceilings will really make them feel bigger. Can't wait for the project to start! (and in a way.... I wish it was already finished )
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Old 02-09-2007, 05:30 PM   #21
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add on... or move? what would you do?


I like the addition that you are planning to add to your existing house, and agree that you made the right decision to stay put. Especially as you get on well with the neighbours.

I note that you were going to start building in January so how about an update on the progress. I am sure we would all like to see how things go.
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Old 02-12-2007, 11:16 AM   #22
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add on... or move? what would you do?


well, as to be expected... it's taking longer than hoped... but I did hear from my contractor on Saturday and we are making progress. We have yet to break ground and are about 7 months into the project, LOL. My architect figured we'd be framed by now! No worries. The only part about it that frustrates me is I know there's no way I'll have enough finished by end of summer for BBQ'ing, but hopefully by end of year we'll be done.



On a brighter note, I'm very happy about my detached 1 car garage. out of the blue, my father-in-law and his neighbor (both retired and awesome with hammers) came by and looked at my garage while I was out yesterday. Next week they plan to lift it, replace the wood plate around the bottom, and poor a concrete slab!!! For a kid who grew up with a HUGE shop on a farm, living without a garage has been killing me. I CAN'T wait for this!!
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Old 02-12-2007, 02:21 PM   #23
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add on... or move? what would you do?


Ohmigod, you poor thing, 7 months and still to break ground. I am sure it will all happen really quickly once it starts.

What a nice father in law and neighbour you have. Having the garage done will make a big difference for you.

Moving from the country to suburbia is a bit of a shock. When my husband and I moved from the sheep farm to the city we were a bit paranoid to start as everyone lives so close together. And he was like you, had a huge barn to play in and came down to a two car garage. Talk about frustrating.

Still it all works out in the end. I do like your design and look forward to seeing photos as the project progresses.
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Old 02-13-2007, 01:49 PM   #24
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thanks! I plan to take LOTS of pictures. In fact I'll take a picture of the garage soon too so I have before and afters of that. My wife and I are both very much into music so I can't wait to have that finished for my drums. As it is now, I play an electric set like this. It's nice because it folds up pretty small after I play... but what a pain to always have to put it away


I think part of the delay is because we're young and people aren't taking us seriously. After I paid a few thousand $$ for my drawings I went scouring for contractors to quote... told them we had our drawings and we're ready to build once we get some prices. three weeks after having their own copies of drawings I still have contractors asking "when do you want to get this started?" and telling me how they briefly looked them over....



OK.....

I wouldn't have spent the money on professional drawings, then hunted you down and given you a copy, which I also had to pay for, unless I wanted to do something with these drawings.... geesh.


all the contractors told me, go get drawings and we'll quote it. Well, here are the drawings. Where's my quote?
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Old 02-19-2007, 04:27 PM   #25
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Well we finally got an estimate for the whole project, it was $7600 over my goal, but that includes the contractor doing EVERYTHING. We plan to do painting, floors, electrical, and probably one or two other small things. Plus I think we'll save about $1k on the wood stove by the time it's done too so all in all things are starting to look up on the project. Applying for permits tomorrow.
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