House Classification

TiltonBB · 12-06-2018, 09:20 AM

When I am not sure of what is permitted or legal I have had good luck working with the town building inspector.

Take a hand drawn sketch of your lot and the proposed construction footprint to your town's building inspector and ask them the questions. It is free, and it will also get them on board with what you would like to do. It is a lot easier to have them working with you than it is to fight through a project. In Gilford, Dave Andrade the Building Inspector has been excellent. When I have worked with him he told me what couldn't be done and made suggestions about what would work and be legal.

As far as the taxes, it makes a difference whether you add on or start again. The tax assessment will be on what the final product is valued at. Obviously, if the whole structure has been replaced with brand new the market value will be higher.

It will be reassessed after the construction is complete. When the Building Department issues the Occupancy Permit they notify the assessing office that it should be revalued.

CaptT820 · 12-06-2018, 11:48 AM

We are located in Alton.

Thanks already for the responses. I'm not trying to cheapen out by getting around the tax codes, but just wanted to not overdo the addition/new construction and get a huge tax bill.

joey2665 · 12-06-2018, 11:51 AM

Quote:

Originally Posted by CaptT820

We are located in Alton.

Thanks already for the responses. I'm not trying to cheapen out by getting around the tax codes, but just wanted to not overdo the addition/new construction and get a huge tax bill.

As they say information is knowledge to make the best informed decision. Sorry not familiar to with Alton codes but there are many Alton residents here that will be able to help. As Tilton has said, contact your local building inspector.

upthesaukee · 12-06-2018, 02:58 PM

Quote:

Originally Posted by CaptT820

We are located in Alton.

Thanks already for the responses. I'm not trying to cheapen out by getting around the tax codes, but just wanted to not overdo the addition/new construction and get a huge tax bill.

Give the building inspector a call. Many of my friends have spoken to him to clarify questions. He'd much rather deal with potential problems up front.

Dave

TheTimeTraveler · 12-06-2018, 08:45 PM

In terms of Real Estate value, a newly built home is always more because the entire structure meets 2018 building code requirements (and personal desires such as a well laid out kitchen, super insulation, etc.).

Tear down (and newly built) will almost surely cost more than adding on to an existing structure.

Keep in the back of your mind potential resale value; at some point (now or 50 years from now) you may decide to sell. Which is more marketable (all new, or a new used combination)...?

.

12-06-2018, 11:48 AM	#2
CaptT820 Senior Member Join Date: Mar 2012 Posts: 122 Thanks: 86 Thanked 46 Times in 27 Posts	Town We are located in Alton. Thanks already for the responses. I'm not trying to cheapen out by getting around the tax codes, but just wanted to not overdo the addition/new construction and get a huge tax bill.

12-06-2018, 09:20 AM	#1
TiltonBB Senior Member Join Date: Feb 2005 Location: Gilford, NH and Florida Posts: 3,065 Thanks: 726 Thanked 2,236 Times in 956 Posts	When I am not sure of what is permitted or legal I have had good luck working with the town building inspector. Take a hand drawn sketch of your lot and the proposed construction footprint to your town's building inspector and ask them the questions. It is free, and it will also get them on board with what you would like to do. It is a lot easier to have them working with you than it is to fight through a project. In Gilford, Dave Andrade the Building Inspector has been excellent. When I have worked with him he told me what couldn't be done and made suggestions about what would work and be legal. As far as the taxes, it makes a difference whether you add on or start again. The tax assessment will be on what the final product is valued at. Obviously, if the whole structure has been replaced with brand new the market value will be higher. It will be reassessed after the construction is complete. When the Building Department issues the Occupancy Permit they notify the assessing office that it should be revalued.

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12-06-2018, 08:45 PM	#5
TheTimeTraveler Senior Member Join Date: Aug 2015 Posts: 930 Thanks: 297 Thanked 299 Times in 185 Posts	In terms of Real Estate value, a newly built home is always more because the entire structure meets 2018 building code requirements (and personal desires such as a well laid out kitchen, super insulation, etc.). Tear down (and newly built) will almost surely cost more than adding on to an existing structure. Keep in the back of your mind potential resale value; at some point (now or 50 years from now) you may decide to sell. Which is more marketable (all new, or a new used combination)...? .