10-28-2005, 09:35 PM
| | Does it Make Sense to do a $700,000 remodel?
WITH UNDEVELOPED in-city lots getting harder and harder to come by, homeowners and architects are increasingly seeing older homes as the best path to a contemporary new one. Such was the case with two vintage Seattle homes. Each posed very different challenges, but the results were so positive they both have been honored as Seattle Times/AIA Home of the Year winners. And neither has a garage!
At first glance, it doesn't make a lot of sense to do a $700,000 remodel to an aged but expensive ($395,000) old triplex that has no off-street parking and stands next door to an equally old manufacturing building.
But owners Steve Bennett and James Nowak had good reason to do so. And architects Rick Ghillino, Rik Adams and Rick Mohler had the vision to carry it out in an award-winning way.