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Old 02-20-2013, 05:23 PM   #25
LIforrelaxin
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Quote:
Originally Posted by Lakewinnigirl View Post
Hi I'm looking to have a home that's currently on post and piers lifted foundation added as well as remodeling and potentially putting on the second floor.

The home is in Moultonboro.

Thanks!
LakeWinnigirl,

I have read through the posts in this thread so I am up to date as much as I can be. I have some questions, about this house you want to raise and put a foundation under.

1-- How big is the home?
2-- How high currently is the home sitting on top of the piers?
3-- have you thought about a budget at all?
4-- Would I be correct in assuming you will also be installing a heating system? if so what type of system would you be looking at?

I am sure I can come up with some more questions given some time. But that is a good starting list of things for now..

I ask these questions because they are of relative importance. If you have a simple camp at this point that is only say 1000 square feet. You might find that you are better off doing as previously suggested and start from scratch.

In order to get a foundation in underneath your home, it is going to have to be jacked up and supported, this alone is not cheap. The foundation plan is going to have to incorporate the ability to set the house back down and remove the jacking infrastructure. Once again this is some more added cost. If you need a heating system installed you might find that there is a lot of remodeling that has to go on to accomplish this anyways.. Once again more cost.

My family gave consideration to winterizing our camp on the lake... We went as far as to talk with contractors and put together an estimated ball park of what it was all going to cost. In the end we decided that we would be better off leaving the camp alone, and buying a second property off the water that was year around. We still haven't bought the second property, but someday that will happen. Most people here me say this and think, that all the environmental and permit issue drove up the costs as well as this was waterfront property... And quite honestly we hadn't even gotten that far, when we decided it would be better to just find another home in the area. It was the cost of all the pieces I have previously mentioned that just added up. We realized we would never get our money back out of the property, even with it being waterfront.

In short as you start down this path, make sure you fully inform yourself. Costs add up quickly. I am not suggesting you buy a second home, but you may just fined that you are better off starting from scratch and demolishing your current structure. Demolishing our current structure was out of the question, as it had sentimental value, and was something we had remodel ourselves.

For us the thought of having a second home close by, allowing for us to have more sleeping space etc. when we where all at the lake just made sense. The extra property tax write off will be nice too.
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