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Updated over 5 years ago on . Most recent reply

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26
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Travis Gibson
  • Rental Property Investor
  • Sacramento, CA
16
Votes |
26
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Should I enclose Courtyard to add 1000 sq ft?

Travis Gibson
  • Rental Property Investor
  • Sacramento, CA
Posted

I am doing a rehab and wondering if the juice is worth the squeeze to enclose a Courtyard in the middle of the property and end up adding about 1000 sq ft in the process.  Currently the property is a 5 Bd - 2 bath and about 2900 sq ft.  If I add enclose the Courtyard (see pic) then it would be almost 4,000 sq ft. The general contractor that I am currently working with quoted me in the neighborhood of $40k which seems very high but I wanted to get some feedback.  What do you guys think?

Most Popular Reply

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4,756
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4,399
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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
4,399
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4,756
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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
Replied

It all depends on how much that will increase the sale price and if it creates a usable, functional space. Check comps for similar square footage and run the numbers. 

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