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Old 01-24-2017, 07:48 PM
 
Location: South Park, San Diego
6,109 posts, read 10,897,405 times
Reputation: 12476

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Quote:
Originally Posted by sinatras View Post
its not really possible to make my tiny bathrooms bigger and my tiny bedrooms bigger

sure i could do an addition but that wouldn't solve the layout problem

lets say i spend 100k remodeling my 2 baths, my kitchen

i will still have a 2000 sq foot house with 3 tiny bedrooms and 2 tiny bathrooms

and no i am not interested in adding a 2nd floor, i like 1 level living
It is quite possible that you can't fix the layout and size of your bedrooms and bathrooms even with incorporating an addition, you may have what I term a "Fatally Flawed Floorplan" (fun alliteration) but then again, you may not. Consulting an architect or skilled designer is likely worth your while in a hot market such as yours where good renovations achieve a payback, most good ones would be able to figure out pretty quickly what's possible- a skill I have- you might be pleasantly surprised at the possibilities.

Renovating almost always costs more per s.f. than building new, but when building new you are often influenced or even coerced to building more than you need, just because all the other families/builders are doing so in an area. When in fact a smartly designed, more modestly sized house with inspiring design elements and finishes would be a better fit for you and your budget.

Only you can know what you really want but it pays to speak with the professionals.

Good Luck.
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Old 01-24-2017, 07:56 PM
 
Location: South Park, San Diego
6,109 posts, read 10,897,405 times
Reputation: 12476
Quote:
Originally Posted by sinatras View Post
here's a "cheap" home that just sold in my area

it is renovated and about same sq footage as my home

it is being torn down


4523 W Rosemere Rd, Tampa, FL 33609 | Zillow
Check out the home I found on Zillow:
Zillow: Real Estate, Apartments, Mortgages & Home Values

This is what that will get you in my neighborhood. The lot size is less than the square footage of that house. Those people are crazy if they are tearing that beautiful vintage house down.
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Old 01-25-2017, 06:50 AM
 
Location: South Tampa, Maui, Paris
4,480 posts, read 3,849,852 times
Reputation: 5329
yes in tampa, that house would be torn down immediately

no one here wants to live in a 731 sq ft house
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Old 01-25-2017, 06:52 AM
 
Location: South Tampa, Maui, Paris
4,480 posts, read 3,849,852 times
Reputation: 5329
Quote:
Originally Posted by T. Damon View Post
It is quite possible that you can't fix the layout and size of your bedrooms and bathrooms even with incorporating an addition, you may have what I term a "Fatally Flawed Floorplan" (fun alliteration) but then again, you may not. Consulting an architect or skilled designer is likely worth your while in a hot market such as yours where good renovations achieve a payback, most good ones would be able to figure out pretty quickly what's possible- a skill I have- you might be pleasantly surprised at the possibilities.

Renovating almost always costs more per s.f. than building new, but when building new you are often influenced or even coerced to building more than you need, just because all the other families/builders are doing so in an area. When in fact a smartly designed, more modestly sized house with inspiring design elements and finishes would be a better fit for you and your budget.

Only you can know what you really want but it pays to speak with the professionals.

Good Luck.
YES this!!!!>>>>> "a smartly designed, more modestly sized house with inspiring design elements and finishes would be a better fit for you and your budget"
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Old 01-26-2017, 06:11 AM
 
6,319 posts, read 10,345,692 times
Reputation: 3835
Quote:
Originally Posted by sinatras View Post
here's a "cheap" home that just sold in my area

it is renovated and about same sq footage as my home

it is being torn down


4523 W Rosemere Rd, Tampa, FL 33609 | Zillow
Looks like a nice house to me!

But I thought you said even the renovated older homes weren't getting more than $500k?
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Old 01-26-2017, 06:37 AM
 
Location: South Tampa, Maui, Paris
4,480 posts, read 3,849,852 times
Reputation: 5329
Quote:
Originally Posted by GoPhils View Post
Looks like a nice house to me!

But I thought you said even the renovated older homes weren't getting more than $500k?
this one is not a 1960s ranch

this one is a "historic" designated home
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Old 01-26-2017, 08:38 AM
 
Location: Raleigh, NC
19,437 posts, read 27,838,210 times
Reputation: 36103
Quote:
Originally Posted by sinatras View Post
this one is not a 1960s ranch

this one is a "historic" designated home
And they are allowed to tear it down? Something isn't sounding right. . .
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Old 01-26-2017, 08:57 AM
 
Location: New Orleans, LA
1,846 posts, read 3,940,305 times
Reputation: 3376
This has got to be the craziest thread I have read on city-data ever. It just doesn't make sense to me; I agree about things not adding up.

But to answer it sincerely, from the heart, here is what I would do.

1.) I'd sell the house to someone else for whatever the market will bear. Let them deal with the hassle and expense and wasted time of building a new home on the lot. If it is truly so lucrative for them to do this, you will see a nice profit.

2.) Then, I'd buy a house that is what I want to live in for the rest of my life, move in, and live there.

It's really not that complicated.
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Old 01-26-2017, 10:33 AM
 
Location: South Tampa, Maui, Paris
4,480 posts, read 3,849,852 times
Reputation: 5329
Quote:
Originally Posted by Jkgourmet View Post
And they are allowed to tear it down? Something isn't sounding right. . .
yes that is correct

even though it is designated historic, you can still tear it down by paying a fee
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Old 01-26-2017, 10:38 AM
 
Location: South Tampa, Maui, Paris
4,480 posts, read 3,849,852 times
Reputation: 5329
Quote:
Originally Posted by NOLA2SGF View Post
This has got to be the craziest thread I have read on city-data ever. It just doesn't make sense to me; I agree about things not adding up.

But to answer it sincerely, from the heart, here is what I would do.

1.) I'd sell the house to someone else for whatever the market will bear. Let them deal with the hassle and expense and wasted time of building a new home on the lot. If it is truly so lucrative for them to do this, you will see a nice profit.

2.) Then, I'd buy a house that is what I want to live in for the rest of my life, move in, and live there.

It's really not that complicated.
this thread is no more "crazy" than any other thread on city data
i am sure there's millions of homeowners in the same boat as me: old house in desirable neighborhood they would like to stay in, shud they renovate or tear down and rebuild?

i think the part that many of you are missing is: i want to stay in this neighborhood, and moreover on this street

yes i could sell this house and buy a mansion somewhere cheaper, but not really interested in that

what i am really interested in is a house with slightly bigger bedrooms and bathrooms in the same location that does not cost 2 million dollars!!!!
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