Prices east of Worcester towards Boston have become untouchable for the "common folk," and first time homebuyers in the Metro-Boston area are being pushed as far west as Worcester.We made about 15 offers before we got a bite on a 4 bedroom, 2 bathroom, 1600 sqft home in the Webster Square area of Worcester.

Hello folks in the BP Davis community.I have a SFR that was our prior residence in Davis CA that has been rented out for 8 yrs and now we plan on selling after lease runs out this June.We need a good design build firm or contractor we can work with to run the project as we live out of state (Vancouver WA) and spruce it up with light rehab as much of the house is untouched since built in 2003.We are definitely NOT doing crazy expensive upgrades but will do a moderate upgrade so that we can max the value add/ROI that's worthy of the  good neighborhood this house sits in (Wildhorse). esp as we transition from current renters to selling to end user (eg likely family).Does anyone have good trusted contractor or design build firm they can vouch for that does well executed remodels on time, on budget?

Purchase price: $40,000 Cash invested: $140,000 Sale price: $288,000 Complete gut with 700 square foot addition to rear of property.

Based on the existing layout, I can easily convert it into fourplex with 4 pieces of three-bedroom units, each with area of 1,200 square feet.

I live in WA state and bought my house with 0% down for 220k and it is currently worth 310k.

I would like to chase more of that business but I want to see what you feel would be an appropriate rate to pay per square foot.

@Dave Skow does washing Appraisals hobby the conditions of the property like California or more off the square foot like in the south ?

UPSTAIRS:  fashion styling retailer M2M, psychiatric office 1 year, OPEN SPACES: 1000 square foot, 5 rooms with receptions area (old dental office), small little single door office (200sq ft), Open space 500sq ft room, electrically fitted for culinary cook kitchen, but could be used for anything. 

Any way you look at it, the cost to build an ADU is cheaper than the cost per square foot it costs to buy any existing property in LA (SFR, duplex, etc) plus you get brand new built space rather than on the 'old' space of an existing property. 

@John W. a commercial property's value is determined by NOI/Cap Rate.