Hello, Hopefully someone can shed some light on this to confirm what I am hearing from Architects and GC's. I am renovating a roughly 2000 square foot duplex loft. It currently is configured as a two bed two bath. The kitchen appliances are great and one of the bathrooms is perfect. The floors are in good condition. However, there are many things I was considering on changing, like: * Gutting the... [more]
Hello,
Hopefully someone can shed some light on this to confirm what I am hearing from Architects and GC's.
I am renovating a roughly 2000 square foot duplex loft. It currently is configured as a two bed two bath. The kitchen appliances are great and one of the bathrooms is perfect. The floors are in good condition. However, there are many things I was considering on changing, like:
* Gutting the upstairs bathroom turning it into a 5 fixture bathroom (2 sinks, shower, tub, toilet)
* Bleaching the hardware floors to something lighter, but not replacing the wood.
* creating a walk in closet upstairs between the bedroom and the new 5-fixture bath.
* Replacing the old wooden staircase with something more modern like a floating staircase or a metal/glass one.
* Replacing the cabinet doors to something more modern and having it match the door of the fridge.
* Gutting the downstairs bedroom and putting sliding doors on it.
How Much would something like this cost ballpark?
Also, what are people's thoughts when it comes to "Original Architecture". i.e should exposed brick be painted over white or left bare? What about wooden columns/beams, should they be painted or kept original?
One more things I promise. The lobby and common areas need a lot of cosmetic work (floors and paint, that's it). Is it difficult to petition co-op boards for everyone to pitch in on common improvements? Wont improvements like that greatly improve the value of everyone's unit?
Regards
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Response by adamkidron
about 12 years ago
Posts: 76
Member since: Jan 2010
Ballpark with standard finished materials would be between $150 - $180K. In regards to original architecture it's best to leave the brick natural (should be cleaned or polished with a grinder) and sealed with 3 coats of clear sealer. Any natural brick typically creates great contrast for any decoration or style. I would also keep the original wooden beams, any property that I buy where the beams are painted I bring them back to natural - it's a great look. Not sure about your lobby question - it's best to ask your neighbors.
If you need a great contractor reach out to Pietro or Robert at All Renovation Construction (http://www.allrenovationllc.com), they are highly experience in the above work as they've worked on my projects in the past. You can reach them at the website or via their emails pietro@allrenovationllc.com / rob@allrenovationllc.com
Good Luck,
Adam
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Response by Primer05
about 12 years ago
Posts: 2103
Member since: Jul 2009
Illuminati,
I think a lot less then 150k based on what you are describing. Replacing the cabinet doors could be expensive but that depends on what you want
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Response by sohoman
about 12 years ago
Posts: 76
Member since: Mar 2013
150-180 seems crazy. Max 50k-80k
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Response by huntersburg
about 12 years ago
Posts: 11329
Member since: Nov 2010
illuminati, is this in NYC or in C0lumbia C0unty?
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Response by architecta
about 12 years ago
Posts: 42
Member since: Mar 2012
I think you could do everything for around 100k. Big costs are going to be plumbing fixtures (depending on how high end you're going), cabinets (same comment), staircase (same comment).
Personal preference, don't paint the beams and the brick. The only times I've seen this truly work is when people are going to a very stark, minimalist aesthetic and even then it can look meh. I say clear coat everything and leave it.
I am not sure having an updated lobby (beyond general upkeep) is going to dramatically improve apartment values unless your lobby is so awful that it scares people away from even wanting to see the apartments. Maybe you can convince them to do inexpensive fixes like new paint, new tiles, new lighting fixtures/chandelier. That type of stuff.
Ballpark with standard finished materials would be between $150 - $180K. In regards to original architecture it's best to leave the brick natural (should be cleaned or polished with a grinder) and sealed with 3 coats of clear sealer. Any natural brick typically creates great contrast for any decoration or style. I would also keep the original wooden beams, any property that I buy where the beams are painted I bring them back to natural - it's a great look. Not sure about your lobby question - it's best to ask your neighbors.
If you need a great contractor reach out to Pietro or Robert at All Renovation Construction (http://www.allrenovationllc.com), they are highly experience in the above work as they've worked on my projects in the past. You can reach them at the website or via their emails pietro@allrenovationllc.com / rob@allrenovationllc.com
Good Luck,
Adam
Illuminati,
I think a lot less then 150k based on what you are describing. Replacing the cabinet doors could be expensive but that depends on what you want
150-180 seems crazy. Max 50k-80k
illuminati, is this in NYC or in C0lumbia C0unty?
I think you could do everything for around 100k. Big costs are going to be plumbing fixtures (depending on how high end you're going), cabinets (same comment), staircase (same comment).
Personal preference, don't paint the beams and the brick. The only times I've seen this truly work is when people are going to a very stark, minimalist aesthetic and even then it can look meh. I say clear coat everything and leave it.
I am not sure having an updated lobby (beyond general upkeep) is going to dramatically improve apartment values unless your lobby is so awful that it scares people away from even wanting to see the apartments. Maybe you can convince them to do inexpensive fixes like new paint, new tiles, new lighting fixtures/chandelier. That type of stuff.