Cost to extend upstairs

Discussion in 'Renovation & Home Improvement' started by GT21, 11th Feb, 2021.

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  1. Lizzie

    Lizzie Well-Known Member

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    Planet A
    Our most recent build was because the builder looked over the property (lovely old 1924 weatherboard) and declared it would be cheaper to demolish and rebuild the same style back again - with all the mod cons - than try and renovate, and extend, the existing house.

    So we did.

    Now have insulation in every wall/ceiling - e-glass windows all facing the right way - new plumbing - drop slab with in floor electric heating (fed from solar) - modern durable materials - and everything straight and true ... and it's in keeping with the location
     
    Lizzie, 12th Jun, 2021
    #21
    wylie likes this.
  2. bythebay

    bythebay Well-Known Member

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    how do people usually finance this? Refi or savings?
     
    bythebay, 30th Jun, 2021
    #22
  3. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    You wont get 100% finance usually.
     
    Paul@PAS, 1st Jul, 2021
    #23
  4. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Tha sound more like a knockdown rebuild. Its often easier to finance a KDR than a costly reno as valuation of the finaished build is easer.
     
    Paul@PAS, 1st Jul, 2021
    #24
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