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Question DetailsAsked on 7/24/2014

how much would it cost to add taller ceilings to a cape cod house and renovated the an existing master room

I have been living in my cape cod home for 30 years. Because of cost constraints I work on my house every year and add something new. The previous owners converted the attic room into a master bedroom, a full bathroom and a smaller bedroom with a vaulted ceiling. I would like to find out the cost of making my living ceiling taller and making the attic room more functional and appealing. I would like to find out where to start this process. I would not like to refinance nor use a credit line. I would like this process to have installment payments where I can pay for it every time I get paid. Is this possible? Who do I contact

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Only way you can do installment payments would be to refinance for a larger mortage, or get a loan (second mortgage) for the improvement only (which willhave much higher rate), then pay it off just like you do a first mortgage, on REGULAR payments. Getting someone to do a loan that you pay off in increments when you get paid, and only if and when you get paid, if that is what you meant - forget it.

Raising a cape cod roof like this can cost a bundle - tens of thousands for certain - Search Now (at left) using the search term Cape Cod and you should find several prior responses to questions about raising the roof on Cape Cod houses - also search by Dormer and you will find replies on typical dormer costs for localized roof height increases.

Talk to banks and finance companies and credit unions about loan types and rates.

To start the improvement process, you will need an architect for plans and specs anyway to beable to get a building permit, so start therer for maybe $1000 range for conceptual talk and conceptual cost estimate - then you can decide if final plans and going ahead is in the cards for you.

Answered 5 years ago by LCD

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