All Forum Posts by: Kerry Ross
Kerry Ross has started 2 posts and replied 9 times.
Post: Long-Distance, New-Build, Turnkey Investment Rentals: Pro/Cons???

- Posts 9
- Votes 4
Thanks for sharing AJ - going to look them up myself!
Post: Cash out refi or switch to 20-year mortgage?

- Posts 9
- Votes 4
Cash-out refinance definitely the way to go! Rates are incredible right now, as others have mentioned!
Post: Favorite/Cheapest Ways to Add Value

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- Votes 4
@Frank Lo as others have mentioned, adding a bedroom or bath definitely adds significant value. Kitchen about medium ROI comparatively. Adding a detached ADU adds about 75% of the square footage of your main home and definitely a great investment for rental income and home value impact. For example, if your current home is 1200 sq. ft. and valued at $400k - that's $333/sq. ft. 75% of 333 = $250. So if you were to build a 750 sq. ft 2 bed, 2 bath you'd add approximately $187k in home value immediately and can likely construct this size unit under $180k - great investment for immediate impact! Add rental income and it's a no-brainer! Depending on your area.
Post: Seeking info on turning my garage into another bedroom.

- Posts 9
- Votes 4
@Andy Eakes. How big is the garage? I've seen some interesting 1 car garage conversion to ADU floor plans that surprisingly work. I've also been inside a 375 sq. ft. 1 bedroom conversion (believe it or not) that somehow also worked! Definitely would rent a unit that size in the right location. Happy to share some of those plans or pricing if you're curious!
Post: Looking to build ADU in Fort Collins, contractor or prefab advice

- Posts 9
- Votes 4
Agreed with Amberly - Modal has some great units and is based in Utah (modern style) while Meka has the same modern feel but is customizable (very rare in the pre-fab/panelized world). Silvercrest homes can also service Colorado, more ranch/traditional style. We work with these prefab companies and more - happy to share my experience / pricing if interested!
Hi all- has anyone converted an attic or basement into another permitted dwelling? Looking to weigh the restrictions of each and if there's a significant impact on home value. Thanks in advance!
Has anyone converted their attic into another dwelling or permitted ADU? Same for basement - wondering about the restrictions for each type of build and if either have a significant impact on home value or added fees. Thanks so much!
@Canesha Edwards We partner with multiple modular, panelized, and pre-fab home manufacturers. You can review pricing from multiple providers with one stop! Check out our site myrealm.co and feel free to shoot me a message!
Hi @Matt C. definitely benefits to going the panelized route.We partner with multiple panelized home manufacturers as well as stick build contractors, so you can weigh pricing, construction timeline, and process accordingly. Definitely save on construction time and great design options!