[quote=BobS]There are big property tax benefits to tearing down 99% of the old house and building the new house incorporating that 1% or so left over versus scraping all of the old and building new.
The former is classified as a “remodel” and the latter as a whole new house. The property tax differential, which goes essentially forever, is HUGE.
Furthermore if you are near the coast, I believe the Coastal Commission will not interfere with a remodel as compared with a new house. The Coastal Commission is a sleeping dog you don’t want to kick.[/quote]
Thanks for the tax clarification Bob. I thought it was something like that but wasnt clear on the details. Now onto scoping how much PPSF cost is for remodel (which includes material, labor etc). Thanks in advance to all the piggs for info.
