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Updated about 6 years ago on . Most recent reply

User Stats

83
Posts
41
Votes
Daniel Green
  • Investor
  • Cresskill NJ/Pigeon Forge, TN
41
Votes |
83
Posts

Looking to Flip- Would a Shed Dormer Do? Any ideas?

Daniel Green
  • Investor
  • Cresskill NJ/Pigeon Forge, TN
Posted

Looking to buy and flip this home.... but trying to think of ways to make it more interesting.  Considering a shed dormer but don't have firm idea of the costs.  Any ideas?  The property is located in northern NJ.  Just looks so dull.  1450 square feet inside so not as small as it looks. I thought it was going to be 1100 SF or less.  Any ideas?

Most Popular Reply

User Stats

118
Posts
54
Votes
Michael Lee
  • Flipper/Rehabber
  • Lyndhurst, NJ
54
Votes |
118
Posts
Michael Lee
  • Flipper/Rehabber
  • Lyndhurst, NJ
Replied

I think whether or not to add dormers or even adding a level, will be dependent on the town and comps. Not all areas make sense to do it. Plus adding dormers will increase your hold time with getting permits and inspections. If the numbers work and its an area for it, go for it! 

Does your comps have cape homes with dormers? Will the area support a colonial at a higher prices to add-a -level?

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