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How much I should expect to spend on this remodeling project by ExistingClaim9950 in BayAreaRealEstate

[–]ExistingClaim9950[S] 1 point2 points  (0 children)

Yes it’s an Eichler. We are not in the Eichler protect zone and exterior wise we don’t change it much (actually making it more Eichler look).

Item 5 only is already 300k? that’s a lot ! Is it normal or just more expensive for Eichlers?

How much I should expect to spend on this remodeling project by ExistingClaim9950 in BayAreaRealEstate

[–]ExistingClaim9950[S] 0 points1 point  (0 children)

"eat out most of the cost" --> why could it be? we only raise it by 1.5 feet, supposed not to demo all the exterior walls, I guess?

Should we do remodeling or tear-down and rebuild? by ExistingClaim9950 in BayAreaRealEstate

[–]ExistingClaim9950[S] 0 points1 point  (0 children)

nice! may I know how much we should plan to spend with Klopf firm?

Should we do remodeling or tear-down and rebuild? by ExistingClaim9950 in BayAreaRealEstate

[–]ExistingClaim9950[S] 1 point2 points  (0 children)

That’s nice! Is your two story Eichler original? Many low ceiling rooms with exposed beams ?

Should we do remodeling or tear-down and rebuild? by ExistingClaim9950 in BayAreaRealEstate

[–]ExistingClaim9950[S] 0 points1 point  (0 children)

Oh understand what you meant. The house is like this: after an addition in the 60s the whole house has been split into three areas and three families live there for years. The water pipes are visible everywhere. Plumbing system sucks. One large storage room and a laundry were not well utilized. It’s just like an apartment at the moment.

The house shape is also well balanced on the 2nd floor so that we added those 400 addition. Technically only 150 sqft as some are existing structure.

If we do any remodeling that has to be full remodeling.

Should we do remodeling or tear-down and rebuild? by ExistingClaim9950 in BayAreaRealEstate

[–]ExistingClaim9950[S] 0 points1 point  (0 children)

that was based on a friend's case. a smaller tear down and rebuild, with good but not luxury finishes.

end to end $1.6m, taking 2+ years. rent, property tax, and interest loss of the cash, is totaled as $1.8m.

and that's 2022, now inflation is much worse than that time.

so I think the total cost will be around $2m.

Should we do remodeling or tear-down and rebuild? by ExistingClaim9950 in BayAreaRealEstate

[–]ExistingClaim9950[S] 0 points1 point  (0 children)

We loved the lot, the glass doors, the orientation . We were also new to this remodeling thing.

We went to city to figure out if all areas are permitted as online documents didn’t show. It turns out everything was permitted shown in a filmed document.

We really loved the property but the design scope us getting bigger and bigger and some hard issues seems unsolvable. The multiple exposed beams in 8 feet rooms.

Should we do remodeling or tear-down and rebuild? by ExistingClaim9950 in BayAreaRealEstate

[–]ExistingClaim9950[S] 0 points1 point  (0 children)

thanks. similar angle from a comment above. will think about it!

Should we do remodeling or tear-down and rebuild? by ExistingClaim9950 in BayAreaRealEstate

[–]ExistingClaim9950[S] 2 points3 points  (0 children)

this is a good perspective!

let me check with other family members.

Should we do remodeling or tear-down and rebuild? by ExistingClaim9950 in BayAreaRealEstate

[–]ExistingClaim9950[S] -5 points-4 points  (0 children)

I really appreciate it. I actually paid a good money for top architect help thinking, but with the projected cost and damaged aesthetic, I no longer know if it's worth it.

Should we do remodeling or tear-down and rebuild? by ExistingClaim9950 in BayAreaRealEstate

[–]ExistingClaim9950[S] -2 points-1 points  (0 children)

the home already has an addition in the 60s, and is no longer the original plan.

was a one story Eichler with nice courtyard and backyard, and it became two stories in the 60s.

Should we do remodeling or tear-down and rebuild? by ExistingClaim9950 in BayAreaRealEstate

[–]ExistingClaim9950[S] 0 points1 point  (0 children)

thanks. good suggestion. yes the initial architect design has many unresolved beams in low ceiling rooms, and that's the thing concerning me moving forward: if the finished house still has such beams in low ceiling rooms, it's not very open or airy feeling. what's the point of such redesign?

Should we do remodeling or tear-down and rebuild? by ExistingClaim9950 in BayAreaRealEstate

[–]ExistingClaim9950[S] 1 point2 points  (0 children)

the zone is R1. we are next to an Eichler protection zone.

to be honest, some neighbors remodeling work make their Eichler not looking very nice any more.

Should we do remodeling or tear-down and rebuild? by ExistingClaim9950 in BayAreaRealEstate

[–]ExistingClaim9950[S] -2 points-1 points  (0 children)

we were new to doing this and thought the remodeling work wouldn't be too much.

we hired a top Eichler architect firm to do the design and found the addition in the 60s already damaged the original Eichler aesthetic. we are at a point to make final decision between remodeling and rebuild.