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Updated over 8 years ago on . Most recent reply

Account Closed
  • Real Estate Broker & Investor
  • Bellevue, WA
12
Votes |
22
Posts

MOST EXTENSIVE REHAB TO DATE-WEST SEATTLE

Account Closed
  • Real Estate Broker & Investor
  • Bellevue, WA
Posted

Here is our most extensive rehab to date, in West Seattle.

In Seattle, we have all of these wonderful old homes with unfinished square footage in the basement, but they don't always have the best ceiling height. There was a time when we were digging down the basement floors to get a mere 7' ceiling height. It wasn't until recently we realized how easy it is to lift the home in order to get 8' ceilings. 

We didn't stop there on this one. We decided to add a third story addition as well.

(This property was acquired off market.)

How she looked when we first purchased the property. (Above)

Missing something pretty important here. It looks sunny in this photo, but unfortunately it rained while the roof was off so we were not able to salvage the original fir floors (our original plan).

Most Popular Reply

Account Closed
  • Real Estate Broker & Investor
  • Bellevue, WA
12
Votes |
22
Posts
Account Closed
  • Real Estate Broker & Investor
  • Bellevue, WA
Replied

@Elias Dagher We do not have an exact number or an estimate for the 3rd story, because we own the construction company that does the work. We estimated time and materials for our employees, and added that to our overall budget. Our budget categories are more general. For instance, "framing labor" would be labor for the entire project, versus just the 3rd story. Roughly, I would say $50,000-$60,000.

Tearing off the roof was not our first intention. We were brainstorming with our architect, and our first plan was the add dormers to the 1/2 story, which was useless at only 6'. Our architect advised us that it would be much more worth it to tear off the entire roof, and since it's something we've never done before, we decided to give it a shot. Sounds risky, but you don't know until you try, right? 

@Julie Marquez That's what this property was! A long time rental. Do you own many rentals in the Seattle area?

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