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Remodel & Renovate in Milwaukee County : Real Estate Advice

  • All66
  • Local Info4
  • Home Buying30
  • Home Selling14
  • Market Conditions2

Activity 8
Wed Jun 22, 2016
Mw_1017 answered:
Thanks for the input. Yes we have 3 children and also hope to become foster parents, hence why the basement bedroom/bathroom will be non-negotiable (Who wants to go all the way upstairs in the dark for nighttime trips to the bathroom?) I'm also not thrilled about the idea of anyone walking through our bedroom to use the bathroom, but for sure the last thing I want to do is reduce my home's value or make it less attractive to potential future buyers. Guess we'll keep thinking. :-) ... more
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Mon Dec 3, 2012
David Price answered:
Wed Feb 1, 2012
April Hayden-Munson answered:
Hi George,
In my opinion you ABSOLUTELY need to build the 2 car garage. I have sold many homes with 1 and 1.5 car garages and my experience has been that they sell for significantly less than the 2 car garage properties in the same neighborhoods! The recent pricing I've seen on 2 car garages is $8 - 12K. If you need a referral for a great contractor feel free to contact me. Yard size is important so keep that in mind when you put the garage in, don't use up all the yard. The people who use up an entire yard with garage or pool really limit the number of buyers that will be interested in the property at a future date.
Good luck!
April
... more
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Sun Jan 29, 2012
Jannis Vann answered:
Despite the logic of Dee's answer, if there are reasons you want to stay in the area, Linda's answer is partially correct. You might want to consider contacting a residential designer/architect to work with you on the redesign. This will provide you with a quality set of plans that will be needed by the city/county for permitting and it will give you the opportunity to have several builders big the project without having to start all over again with new plans. A contractor is not going to give you the plans their in-house designer creates if you want to get more than one bid.

Contact AIBD.org to find a qualified designer in your area.
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Sun Aug 29, 2010
Dp2 answered:
You might consider equity partnering with an investor to rehab and flip that property.
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Mon Dec 7, 2009
Mo Daly answered:
The upgrades need to be done and if you can do much of the work yourself, your return on investment will be better. Consider the maximum amount of money you want to put into the home and add that to the price you think you can offer and will be accepted and calculate the square foot price. For Fox Point, location and lot size has an impact on this number. Without knowing that I cannot say if you should stay around $125.sq ft or can go higher. Have you looked at several homes in Fox Point to get a good comparison? ... more
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Wed Nov 11, 2009
Timber Creek Construction answered:
Talk to the agent that sold you the foreclosure. They should have a list of contractors they use - used to fix it up to make it sell able.
Or talk to agents in your area and see who they recommend .
I do a lot of foreclosure work, and then the agent I do it for recommends me to the buyer to remodel.
Plus I am the top referral for most of the agents in my area.
... more
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Fri Apr 17, 2009
Debby Thompson answered:
Here is a good link that should help you. http://www.fhainfo.com/fha203k.htm
0 votes 4 answers Share Flag
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