biophase
Platinum Contributor
FASTLANE INSIDER
EPIC CONTRIBUTOR
LEGACY MEMBER
MEMBER
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
I've got a dilemma.... I have a 2500sf home in Scottsdale,AZ. It's currently 3br, 2ba. I have enough space to cram in probably another 1000sf on my lot and still have a huge backyard.
Homes in the area are selling for around $220/sf. So my house is worth $550,000 right now. The area does support home prices up to $850k.
Some here is my dilemma on what to build. Give the assumption that every option costs the same to build what do you think would give you the best return?
Homes in the area are selling for around $220/sf. So my house is worth $550,000 right now. The area does support home prices up to $850k.
Some here is my dilemma on what to build. Give the assumption that every option costs the same to build what do you think would give you the best return?
- Separate detached guest house (1bd/1ba/sm. kitchen) w/carport - 400sf
- Standard addition, 2 bedroom, jack/jill bath, hometheater room - 650sf
- Standard addition, 2 smaller br, jack/jill bath, ht room, 2 car garage - 550sf
- Go big, add 1000sf

BTW, I'm estimating about $100/sf to build the additions, no fancy upgrades.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
