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Ignoramus18484 wrote: Some pictures of my house are at: http://igor.chudov.com/misc/house/cascade/ This is actually a three story house. The third floor is basically one nice big bedroom, plus a shower, a bat, and toilet. 5 bedrooms, 4.1 bathrooms. 3400 square feet above ground plus basement. The wall studs are 2x4s spaced 16 inch apart. What I am thinking is 1. expanding second floor to continue over the garage and 2. making this third floor the same dimensions as the whole house, instead of it being one big room it would be much bigger, same size as first and second floor. My questions a 1. Is this feasible architecturally/structurally? 2. How much such a thing could cost (some top limit). 3. Am I likely to get a permit for it? 4. Is this so crazy that I should give up even thinking about it? 5. How much value would be added to the house, compared to the amount spent, given that the house is in a nice neighborhood comprised of nice but not excessive 4 bedroom homes. Thanks! I'm not in the trades, so I'll leave questions 1-3. But I am a homeowner (and one considering a major expansion as well), so I'll give my take on 4-5. Is it crazy? Not if you really need the space. You house *looks* pretty castle-esque from the outside, but people don't live on the outside, and photos can be deceiving. If you're just wanting to expand for the sake of expanding, it just means you have too much money ![]() I think "value" is something that people who want to expand wrestle with all the time, but it's kind of hard to answer in one specific way because "value" means different things to the people who live there, to the banks, to the resale buyers, and to what the local market will bear. Even major expansions that would be outlandish and foolish in one neighborhood would make total sense in the neighborhood right next to it. The final authority would be the bank because they're pretty sensitive to the cost/value equation involved, but other than that, I think the answer lies more in whether you'd be expanding to bring your home more in line with the others in the neighborhood (i.e. making a 3BR into a 4BR in a hood with 4BRs), or expanding to give your place more bang for a *reasonable* more buck -- in other words, raising its value without making it *too* valuable and so inconsistent with the neighborhood that it'll end up being something of a white elephant. Kings don't live with the middle class, and the middle class can't afford to live with kings. Likewise, if you're going to be doing something with all that space that has some broad appeal that no other houses in the neighborhood offer (i.e. in-law suite, etc.), then there is value in it because resale buyers will definitely pay a bit more for a house like that compared to others for sale at the same time in the neighborhood -- provided your improvements don't require your house to be priced out of the market in order for you to recoup as much of your additional investment as possible. If you know with 100% certainty that you'll never move and have cash on hand to finance pretty much all of the expansion, "value" becomes a moot point. You're doing it just for you, and if you're going to die there, then it's not all that crazy. But just remember -- when you're 90 years old, you'll still be dusting and vacuuming all that empty space that used to be filled with kids and their stuff. AJS |
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