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Updated about 20 hours ago, 12/24/2024

User Stats

1,239
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822
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Alan Asriants
Agent
  • Real Estate Agent
  • Philadelphia, PA
822
Votes |
1,239
Posts

Taking on a major construction project in 2025 - What are some common hurdles?

Alan Asriants
Agent
  • Real Estate Agent
  • Philadelphia, PA
Posted

As the title of the post mentions, I am taking on an extensive rehab this coming year and am really excited for it!

This is a twin home in Ardmore - which is an amazing area, and I am really enhancing the property. 

I plan on doing the following:

- Full gut demo - done

- Extend third floor to rear of building envelope and raise ceilings. This is the biggest part of the project. I am adding a good amount of SQFT to make the third floor into an entire master suite. It is currently a glorified finished attic with little room

- Use addition and raise it up and extend it to the side of the home for more finished space and room for deck, washer/dryer room etc

- Make the living space as functional as possible with the added sqft

- Add outside living structures like deck

This is a fairly wealthily area and I want to maximize my ROI

What are some things you recommend for a large scale project like this and what are some hurdles ? I have done extensive rehabs, but that was for a rental property. Here I'm really trying to sell it to the right audience. 

Here is the structure currently. 

I am thinking of the value of:

- Built ins - for closets, mud rooms

- Functionality - where to put washer dryer, 3 bed 3.5 bath or 4 bed 2.5 bath? Should I try to make the deck on the second floor a common space or as part of a large bedroom? Importance of a mudroom? 

- Bay windows?

I am really excited for this project and want to make sure a great family moves in! I am playing with a lot of ideas and would love to hear as many opinions as possible. For sale not rent

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Alan Asriants - New Century Real Estate
5.0 stars
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