House Classification

upthesaukee · 12-06-2018, 03:58 PM

Quote:

Originally Posted by CaptT820

We are located in Alton.

Thanks already for the responses. I'm not trying to cheapen out by getting around the tax codes, but just wanted to not overdo the addition/new construction and get a huge tax bill.

Give the building inspector a call. Many of my friends have spoken to him to clarify questions. He'd much rather deal with potential problems up front.

Dave

TheTimeTraveler · 12-06-2018, 09:45 PM

In terms of Real Estate value, a newly built home is always more because the entire structure meets 2018 building code requirements (and personal desires such as a well laid out kitchen, super insulation, etc.).

Tear down (and newly built) will almost surely cost more than adding on to an existing structure.

Keep in the back of your mind potential resale value; at some point (now or 50 years from now) you may decide to sell. Which is more marketable (all new, or a new used combination)...?

.

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Hybrid Mode Switch to Threaded Mode

The Following User Says Thank You to upthesaukee For This Useful Post:
Slickcraft (12-06-2018)

12-06-2018, 09:45 PM	#2
TheTimeTraveler Senior Member Join Date: Aug 2015 Posts: 964 Thanks: 302 Thanked 303 Times in 188 Posts	In terms of Real Estate value, a newly built home is always more because the entire structure meets 2018 building code requirements (and personal desires such as a well laid out kitchen, super insulation, etc.). Tear down (and newly built) will almost surely cost more than adding on to an existing structure. Keep in the back of your mind potential resale value; at some point (now or 50 years from now) you may decide to sell. Which is more marketable (all new, or a new used combination)...? .