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The possibility of higher renovation costs could be a factor in the decision to buy an older apartment, brokers said.
Higher renovation costs can often be offset by the lower purchase price of the home, said Sarah Winchester, 37, a photographer near Boston.
The higher renovation rate reflects the upper limit of technical rather than economic feasibility.
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Construction costs are really high, renovations are really hard, and people know that.
Increased renewal is probably not the best solution Technologic and methodical development More efficient and higher quality renovation methods - Simplifying rehabilitation and improving lifetime expectancy of renovation methods Higher quality no-dig methods, both the materials and the procedures.
It's an understatement to say it's a high-end renovation.
The high-end renovation incorporated many of the original architectural details, like the distinctive stone arches that span the ground floor.
At 18 Gramercy Park, a beyond-high-end renovation project featuring 4,000-square-foot 4,000-square-foot 4,000-square-foot model apartments were staged by a company called Clos-ette.
Another unit, a 500-square-foot one-bedroom featuring a "not-so-high-end renovation," had a view of an unlovely courtyard.
Barbara Cleary, Realty Guild (203 966-7772; www.realty-guild.com TAXES: $5,300 a year PROS: A personal project for a local architect, this is a high-quality renovation for a relatively small home.
In Norwalk, bids came in nearly $4 million over the budget set about two years ago on a $73 million high school renovation and addition project expected to be complete in the summer of 2006.
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