Denver Building Costs

[Andrew B.]

Hey Denver BP folks,

My wife and have been considering a live-in flip as an option in Denver and while looking ran into a possibly intriguing property. It is zoned E-TU-C but has only a single structure currently on it. We are considering OO the existing unit and build a second unit and a garage (has alley access).

I'm not sure how we should consider this; as an addition or as new construction? Any thoughts?  Is there a meaningful difference between the two in terms of $/SF?

This is in a B neighborhood and wouldn't be going overboard on the build but would build with a potential sale to an investor in the future using mid-grade finishes. Thinking something along the lines of 2-story 3/2, 1200 SF, 2-car divided garage.

Any guidance on $/SF or other thoughts would be great. My background is construction management so I may be able to help myself cut down some costs but would like to get an idea of a fully GC'd rate.

Also, if anyone is going to be at the DTC BadAss meeting, I'd love to discuss there also.

Thanks for the help!