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If you are remodeling your house, you should first talk to an architect and find out what is feasible with the existing structure, local zoning rules, and the real estate market conditions of the neighborhood. The initial meeting with the architect is usually free of charge, so do not hesitate to engage him or her early in the design process.

Depending on the degree to which you want to go green, green buildings are generally 10-30% more expensive than a comparable building that is not green. Some green features are based on mature and well-tested technologies that have short payback periods and bring significant improvement to the comfort of people using the building. Thus, if done correctly, incorporating these features in your project is definitely a smart investment.

The construction cost of a home depends a lot on the area the house is located. The availability of labor and material would greatly affect the eventual cost of your new house. In the Greater Seattle Area, a custom home built with mid to high grade finish on a flat property would typically cost $150-$250/sf. However, many technologies and building methods are available to save cost. It is entirely possible for the home builder to pursue alternative ways to build if he/she is adventurous and willing to take risks.

It is a great time to remodel or build a new home now because many contractors are looking for work. Prices of labor has become very affordable lately. Material prices are projected to grow at a very fast pace in the next few years due to high demand from Asia and the relatively weak US dollar. Together with all the tax incentives that the government is currently offering, this is a rare opportunity to remodel or build a new home affordably.