We want to put an addition on our home - adding another story - we want to do much of the work ourselves but are curious how much we could be looking at for a basic 2nd story with no interior walls. We would probably want an area plumbed for a new bathroom in the new space, too. We can do interior walls, bathroom fixtures, flooring and most of the electrical ourselves. We would also need to run the forced air for our heater, and air conditioning, up to this new space. I'm looking for very rough numbers just so I have some idea of what we are looking out - $50,000 or $100,000 ? I really have no clue when it comes to construction costs. Is there a "typical" cost per square foot? We are in the Pittsburgh area if that makes a difference. Thanks.
2006-11-08 05:40:16 · 2 answers · asked by Anonymous in Home & Garden ➔ Decorating & Remodeling
Now days you could be looking at around 125 to 200 per sq. ft. this would be roughly of course. Your talking about another bathroom too. Of course you've got heating and wiring. I don't know what you both can do but it would help greatly to do a lot of the work yourself if able and according to the code in your area.
I've helped people saving money by doing the wiring, plumbing and giving them tips on building. I think I spent much time running back and forth with tips and know how but, it's rewarding if I'm not too busy.
2006-11-08 05:48:38 · answer #1 · answered by cowboydoc 7 · 0⤊ 0⤋
No, they aren't deductible, any more than the original cost to buy the home would be. But keep all receipts for the addition- if you owe tax when you sell the house, those costs will be added to your basis, and save you some tax then.
2016-05-21 22:13:56 · answer #2 · answered by Anonymous · 0⤊ 0⤋