Quote:
Originally Posted by snowball
Also interested in your thread. Trying to figure out if I should drop 400k into renovating an old Vancouver special or 600k+ into a brand new build.
I'm assuming a renovation would result in a mid-high quality home and a brand new build would be lower quality for the above prices.
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You also have to keep in mind the limitations of your lot for new builds.
Depending on when the Vancouver special was built you likely won’t be able to build the same total sq footage on the same footprint due to the new regulations etc.
That’s why you see so many “raise ups” or total gut renovations in EV. If I was to tear down my place and rebuild I would lose 25% or more of my interior living space due to the size of my lot.
Came across this beauty the other day:
The issue with Reno’s is that when you do it properly and have to abate asbestos etc little stupid shit like that can add up real quick.