Reply to "Shopping for a Layout Room"

Fast MailOGR Forum Member

I believe all the commenters suggesting new construction are on the right track. I would expect building costs to double over the next 5-10 years. Tradesmen are getting scarce and so wages will follow, lumber and other materials continue to increase. consider that with the cyclical increase in real estate values.

A new house, a remodeled house or an addition will most likely be as good an equity investment one can make.

Maybe the next house that you see that you like the location and the property consider going the value-added route. Maybe an outbuilding or addition that works for trains but in the future could be, shop, guest suite, home office etc.

Just my thoughts.

kevin

3/26/234:46 PM

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