Posted by Sailor on March 29, 2006 at 07:17:46:
Sounds like you are approaching this the correct way (says she who has been remodeling nearly 40 years). Just a coupla cautions: (1) check to be sure the footings on your lanai are ample enough for your project, & (2) tie down those projected expenses well in advance & in great detail.
For the sake of your own comfort + resale it sounds like you really need to do this project. For most folks the single biggest investment return is on their own residence. It is a very practical way to rehab, as there are no carrying co$ts as long as the home is comparable to what you would have anyway. Normally I like to do smaller, less expensive projects, but have also done room additions. In the early '70’s I enclosed a breezeway & carport as an inexpensive way to add a huge living room (turning the already large living room into a family room). Think my final cost, even hiring out the basic construction, was under $25 sq. foot. Although I’ve also built from scratch, the challenge of starting w/an existing house & increasing space & value can be great fun. If starting w/a home that has good bones, overcoming the constraints of space, time & $$$ can lead to wonderfully creative solutions. Keep us posted on your progress, & don’t forget the pics–