House Classification

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, 08:45 PM	#1
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)...? .