Does anyone know ballpark how much a teardown/rebuild would cost?

[LAAFTERHOURS]

So this may not be an easy answer but trying to get a ballpark (low to high depend on a lot of variables like materials) but we are starting to see nice lots with small shacks in nice areas of point loma and other locales so the thought jumped into my head of how much a tear down would cost to rebuild? Either a total tear down vs leave one wall intact (doesnt that help you elude certain tax implications?). Some friends of mine live in Arlington VA and about 3 years did a total remodel of their small 2 bed home, transitioned it into a two story 4 bed. It ran them about 200K on top of their existing mortgage.

Sorry I dont know much about this but just wondering what the cost implications are. Im a renter so just looking to do some research.

Any insight would be appreciated.

PS this is not for flipping a house purposes.

[EconProf]

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.

[EconProf]

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.

[EconProf]

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.

[EconProf]

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.

[EconProf]

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.

[LAAFTERHOURS]

[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.

[LAAFTERHOURS]

[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.

[LAAFTERHOURS]

[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.

[LAAFTERHOURS]

[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.

[LAAFTERHOURS]

[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.

[drunkle]

i was wondering the same thing the other night and ran into an online calculator that produced estimates based on a quick questionaire. unfortunately, i can’t find it again. it did however, produce somewhat inflated numbers… possibly still using bubble numbers for labor/materials costs…

just found this though:

http://blogs.wsj.com/developments/2007/11/16/building-a-new-home-whats-most-cost-effective/

[drunkle]

i was wondering the same thing the other night and ran into an online calculator that produced estimates based on a quick questionaire. unfortunately, i can’t find it again. it did however, produce somewhat inflated numbers… possibly still using bubble numbers for labor/materials costs…

just found this though:

http://blogs.wsj.com/developments/2007/11/16/building-a-new-home-whats-most-cost-effective/

[drunkle]

i was wondering the same thing the other night and ran into an online calculator that produced estimates based on a quick questionaire. unfortunately, i can’t find it again. it did however, produce somewhat inflated numbers… possibly still using bubble numbers for labor/materials costs…

just found this though:

http://blogs.wsj.com/developments/2007/11/16/building-a-new-home-whats-most-cost-effective/

[drunkle]

i was wondering the same thing the other night and ran into an online calculator that produced estimates based on a quick questionaire. unfortunately, i can’t find it again. it did however, produce somewhat inflated numbers… possibly still using bubble numbers for labor/materials costs…

just found this though:

http://blogs.wsj.com/developments/2007/11/16/building-a-new-home-whats-most-cost-effective/

[Author]

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