San Diego Housing Market News and Analysis
Estimate Remodel Cost on Hillside
User Forum Topic
Submitted by XBoxBoy on July 3, 2017 - 8:52am
We're toying with the idea of buying a property that is on a lot with a flat area that then drops off fairly steeply. The current house has extensive foundation issues as it is largely on fill that has settled. If we bought this property we'd tear the house down to the studs and would almost undoubtedly need to put in caissons and an extensive new foundation.
Does anyone have any idea how to estimate the cost of such a project short of drawing up plans and putting them out for bid? I figure the house building would be $300-$400 per sq ft, (We're not thinking of doing anything too wild) but the cost of extensive new foundations I have little idea how to estimate. Any suggestions?
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