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Knalus · 08-29-2012, 01:48 PM

I am currently living in a smaller home in Renfrew, and am contemplating putting an extension onto my home. The addition would be about 450 sq ft or so, on a home about 850 sq ft in size right now. I have a coworker that is puting an addition onto her house, quite similar to what I am contemplating, with the exception that I would want to have a bathroom on the addition, whereas she is not. We are/would be both doing it ourselves (ie. no builder/developer).

I have a good idea of the cost of the addition. What I do not know is what is the house going to be worth if an addition is put on. The current house is great, it is an older house but it is in great repair, looks nice on the exterior, and is on a nice little street. Current value of the house is just under $400.

What do you think? How much extra would I be able to get for that additional 450 sq ft? What do you figure the break-even price is for what I should spend to do it?

08-29-2012, 01:48 PM	#1
Knalus Powerplay Quarterback Join Date: Jan 2009 Location: Calgary Exp:	Contemplating an addition I am currently living in a smaller home in Renfrew, and am contemplating putting an extension onto my home. The addition would be about 450 sq ft or so, on a home about 850 sq ft in size right now. I have a coworker that is puting an addition onto her house, quite similar to what I am contemplating, with the exception that I would want to have a bathroom on the addition, whereas she is not. We are/would be both doing it ourselves (ie. no builder/developer). I have a good idea of the cost of the addition. What I do not know is what is the house going to be worth if an addition is put on. The current house is great, it is an older house but it is in great repair, looks nice on the exterior, and is on a nice little street. Current value of the house is just under $400. What do you think? How much extra would I be able to get for that additional 450 sq ft? What do you figure the break-even price is for what I should spend to do it?