It will be many times simpler to repurpose the existing space. I’m not a professional, but I can look for space if you want to send over the existing floor plan.
This is temporary only.
Planning to do with city permit, one arch gave a quote 6k for design+permit fees. Yet to get quote for building. yeas, 70-100 sqft, but we need live in that home. Since this is addition far end, we may be fine what we think.
Above all, we will not do this addition, if we get some confirmation on cash out refi as that is better once for all rebuild.
The good thing is if you want to add the bathroom in that spot where you’ve marked it should be straightforward. The natural roof angle will just allow you to extend the roof cleanly. Its like extending a rectangle by moving one edge out.
6k to design a bathroom ? Daylight robbery. You can do it yourself if you learn CAD.
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Yes, I see that clearly convenient for us, we can lock the room attached to it so that dusts are not coming to our living space.
Only pulling water, drainage…etc needs to be done underground, that is builders work anyway they know how to do it.
Yes. Here is the email statement.
“We could get to your project by the end of May with 1-1.5 week turnaround time. The cost would be $5,000 for architectural fees and my structural engineer would cost around $1,000. If you want to have further conversation regarding permit drawings feel free to reach out directly.”
Hmm.I guess it’s probably ok to involve a structural engineer. Usually their fees are 500-1000$ for small projects. You could find a cheaper architect but I dont know what your tradeoff is - time or money?
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Yes, I have lot of time at least 3-6 months before I finalize my rebuild funding issue. I will go for add bath only if I need to stay longer than 6 months like 2-3 years. I am not in hurry to add bath as lenders force to move now.
It seems very costly to expand temporarily spending possibly 100k just to reduce the commute time. It is simpler to just rent in the area and rent the house you plan to demo while going through the permit process.
If you are doing this because of the lender, you do not need to worry about it because this is just something they say. They rarely check this. I have seen many case where people have rented afterwards and there were no issues. You just need to make sure you get 2 insurance policy on the house. One for homeowner (which the lender will see) and one to cover you if you are renting out the house.
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First, I am not planning on renting it. Second, I need time to see funding 2-3 months and time to design 2-3 months (arch design). we are fine to move in first 6-12 months until we get permit, then move out again.
Are they ACTUALLY going to do this inspection? And it sounds to me they want to make sure not being rented out vs no renovations. Sleeping bag in the corner during renovations = occupancy, no?
They asked us to notarize the document specifically ahead of closing. The pre-conditioned it for final acceptance and we are going to sign before notary today.
Yes, they will do very likely. We are not concerned about that as our intention is to go move in and occupy as primary.
Otherwise, no point of buying this home for us.
Yes, it is through mortgage banker. They are/will be reselling at a later point of time.
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Thanks for sharing that side of things, LoansbyJW. It does make sense.
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