Friday, February 20, 2015

Hate those damned brass tacks

“All the business of war, and indeed all the business of life, is to endeavour to find out what you don’t know by what you do; that’s what I called ‘guessing what was at the other side of the hill.'” — Duke of Wellington
So, how much will Trees House cost to create? And another question: Is it better to venture one best guess, or to sum up a list of smaller guesses? I suspect the latter: that the smaller and less complicated a project is, the more accurate the cost estimate will be, making the overall number a simple matter of addition.

The result of this budget exercise is a basic "houselift"--that is, improving the kitchen and baths, finishes (flooring and paint) and the roof of the existing house--ranges from $57,830 to $88,425. Options I'm pretty sure I want to add include:

  • Extend the garage ($17,000 to $19,500)
  • Trees Room ($40,320 to $56,000)

And a bunch of mix-and-match options that bring the total up to $171,230 to $232,925.

Using the mean halfway between low and high estimates, for convenience, we have Houselift + Garage + Trees Room = $139,538. Which of these additional projects would you spring for?

  • Upgrade roof to metal $10,000
  • Hydronic heating, gas boiler $11,500
  • Wolf and Sub-Zero appliances $10,000
  • Extend kitchen north $11,740
  • Extend to the west $13,500
  • Finish basement as wine cellar $2,750
  • Enclose front porch $1,250
  • Sun tunnels, skylights $1,800

Talking about real numbers is depressing, except that it means real improvements are that much closer to reality.

1 comment:

  1. Your house doesn't need to be bigger just better, and a large part of that is just literally cleaning up and respecting the quality that the house does have.

    ReplyDelete

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