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Real Estate Tips
Buying Land and New Construction >Buying New Or Adding On

Homeowners should consider several questions before making the choice between adding on to an existing home or moving up in the market to a bigger house. How much money do you have available for remodeling your current house? How much additional space do you require? Is there room to expand on the ground level or will the foundation of your present home support a second floor? What will the local zoning and building ordinances permit? How much equity do you have in the property? Are there affordable properties for sale that would satisfy your housing needs?

Consider your neighborhood--it makes more sense to add on to a smaller house than to over-improve the largest home in the area. Your decision should ultimately be based on your individual needs, the extent of the work involved and which features will add the most value. According to industry experts, buyers are always excited by state-of-the art kitchens and bathrooms.

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Real Estate Trivia
Q 
What Newport, Rhode Island mansion was built as a birthday present and incorporates 500,000 cubic feet of white marble?

A 
The Vanderbilt Marble House was constructed by railroad baron William K. Vanderbilt for his wife Alva, who later divorced him, remarried and moved into a mansion down the street.
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Roni Chasin, REALTOR®, real estate agent and broker for Short Hills, Livingston and Millburn New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Roni Chasin
Keller Williams Realty

488 Springfield Avenue
Summit, NJ 07901
Phone #: 973-202-2591
Fax #: 908-273-2996
Email: Roni@ChasinHomes.com

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