Quote:
Originally Posted by burn_baby_burn
That could be affordable for some. But an additional $45,000 on $300,000 is actually quite an expense for the average family. Considering you still need to landscape and build a fence at approximately $10,000. Then finish your basement for another additional cost of approximately $30,000 or $20,000 if you do it your self. The average individual, especially a first time home buyer, would have trouble getting the bank or a mortgage lender to give them the extra money to have the architect design the house.
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Which is why you see alot of young people going in on a property together just to afford it.
Actually you don't have to have a
new home for an architect to design it, they do add-on's and renovations too. Alot of the houses I grew up around in Hillhurst have kept their basic structure and being modified through architectural work.