Should I finish my basement?I recently purchased a home with an unfinished basement (about 625 sq ft). My appraised value on the home was only $66,000 and I paid $65,000. I've found my home listed on several sites
New Chicago basement bathrooms ...How about the legal requirements for a basement BATHROOM? City doesnt have a permit for a bathroom but does have a permit for plumbing alterations. Does a new bathroom also require a window?
How about the legal requirements for a basement BATHROOM? City doesnt have a permit for a bathroom but does have a permit for plumbing alterations. Does a new bathroom also require a window? Thanks!... more
Realistically a $100K to lower and finish a basement compliant. However, you could easily spend more than a $100K depending on what you do. Since its probably going to have a small foot print in those neighborhoods you can probably get it done for $60-$70K. Anyone who tells $30-$40K is just trying to get in the door and then charge you lots of extras.
Going that much further down you'll likely need an ejector pit, new sewer line and possibly perimeter foundation curb. Obviously you could do all the rough work now at once and then finish as your budget allows over time.
You can give me a call if you need more details. I am an inspector, not a contractor anymore.... more
Hello Kirstin, A tear off will run about $10,000 compared to at least $50,000 for a couple dormers.
If you can get away with one dormer, you can maybe get it done for about $30,000.
If you were actually tearing out the structure with a tear off, I see your reasoning. However, a tear-off usually just means that they are tearing off all of the shingles not the actual roof.
The labor involved with removing portions of your roof and rebuilding can be extensive (not to mention new drywall, insulation, and electrical on the inside.
I'm not trying to talk you out of it. -- If you need the space and will use use it, do it. -- However, if you are trying to increase the value of your home, you will only get about 80% back on what you spend to do the dormers.
General rec: make sure that whoever does your 203K inspection is highly qualified. AND make sure you have an adequate contingency. I've seen these 203K projects go south b/c of the fact that the loan is tied explicitly to the scope as described by the 203K inspector/ consultant. Thus, the general contractor feels that he has no wiggle room in terms of approaching things differently/ better/ cheaper, and can be incentivized to ignore related problems that are MUCH cheaper to fix now.... more
It looks like you know exactly what you want to get done with your remodeling. I think the best thing for you to do is contact a bunch of different contractors and give them this list and then ask how much can he do it for. Then use the person that gives you the best price. You can even use other peoples prices as negotiation for them to lower their price. http://www.mcmhome.com... more
My neighbors are looking to get some roof repairs done on their home as well. References are a great way to find a contractor. That is exactly how my neighbors are looking for their work. http://www.skywalkerroofingnc.com... more
Depending on the style of your home, many homeowners in my community are starting to use poured concrete with radiant heat below. It gives the home a very contemporary/modern/industrial vibe and it's waaaay cheaper than wood or tile. You can also do really nice colors and blends, it not just the polished color.... more
I would recommend calling a professional and asking them. They'll have the best idea on what to do, and what will work. You don't want to risk not having your water heater work after spending time and money on it.