Let's get the GRM part out of the way: I have a detached three car garage with tons of storage. I'm not moving. I'm also the landlord for the two houses to my left, so I decide who is my neighbor. The neighbor on my right keeps to themselves.
My wife and I are looking to create more living space in our current house. It is a 2 bedroom/1.5 bath 1,200 square foot house built in 1954. It has a full basement, new HVAC, and a new roof. The driveway curves around behind the house, but the previous owner was smart: the last part of the driveway is actually a foundation pad (25' x 25'). They even had plans drawn up detailing the addition and how it would re-flow the rest of the house. I had those plans priced out and it is WAY out of our price range. Maybe it was more feasible back in the 70s.
What we need is four bedrooms and another full bath. Right now we are leaning towards moving all the living space to the basement (kitchen, living room, dining room) and convert the entire upstairs to bedrooms. We already use part of the basement for living (home school area, my office) so we like it down there. We already have a sink in the basement in the area where we could put a kitchen. The basement is unfinished, just concrete block and cement floor.
I'm thinking that I should apply the same cost calculator that I use for fixing old cars: estimate the cost of the job, then triple it (then cut yourself just to get that part out of the way).
I want to hear your stories of home renovation both good and bad.