It's hard to say. I don't know the permitting costs in my city, nor the costs for water/sewer hookups either. My house is nice, but nothing special for the area

It's hard to say. I don't know the permitting costs in my city, nor the costs for water/sewer hookups either. My house is nice, but nothing special for the area. Assuming a $125/sqft cost, a house like mine would be around $225K plus the lot ($70K) for a total of $295K. The only thing I've seen that might have helped the house appreciation is the completion of an elementary school in our neighborhood.