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All Forum Posts by: Al Ball

Al Ball has started 3 posts and replied 12 times.

Land & New Construction

Post: Should I add a second story apartment?

Al BallPosted
  • Madison, WI
  • Posts 12
  • Votes 7

The rental and real estate market in this area are very good. I am curious about recouping money spent on construction of this nature in the case that we decide to sell. 

0 Votes
Land & New Construction

Post: Should I add a second story apartment?

Al BallPosted
  • Madison, WI
  • Posts 12
  • Votes 7

I have a small house with upstairs potential in a "good" neighborhood. Really, my interest in having an upstairs apartment would be to rent to family, but I don't want to make a terrible investment decision. What are your guys' opinions about adding an apartment to a single family home? Worth it? Curious about rental potential but I guess mostly resale potential. I know I wouldn't necessarily get back every cent I pay for the apartment if I sell anytime soon, but would I lose a lot? Thank you!! 

0 Votes