Home Remodel/Addition Advice

[*Wyche'sWarrior*]

(03-25-2016, 02:22 PM)BengalHawk62 Wrote: No, its that small.  That's why we are adding an addition.   And we're trying to sell, but not having any luck so we've been thinking we love our location, why not build to our satisfaction and stay?  The house was perfect for me and the dog.  But now that I got married, its just a little too cozy in there for both me and the wife. 

As far as a loan goes, I would love to get the equity out of my house into a loan and then add any additional funds in the construction loan.  Then after its all done, combine everything into one new new mortgage.  That's how I have it figured in my head anyways. 
IF we could get the addition/remodel done for $70k and the new garage for $25k, I'd be super happy!  Its not like we are looking for any high end materials.  Just basic drywall walls, windows, carpet, etc.  But what I'm afraid the real expense is going to be into updating the furnace/central air unit. 

How big of a unit do you currently have? About a 1.5 ton?  Our house is 2400 sf of living space, with an attached 600 sf garage (that a previous owner supplied duct work to), and I just bought a 3 ton unit for just under 2 grand, heat pump and air handler together.  It's not as expensive as you think, ESPECIALLY if you know someone in HVAC to do the install.