Romney to increase size of $12 million home

Republican Presidential hopeful Mitt Romney is planning to expand the size of  his $12 million home in California.

According to the San Diego Union-Tribune, the former governor of Massachusetts is quadrupling his 3,009-square-foot, single-story home at 311 Dunemere Dr. and replacing it with a two-story, 11,062-square-foot structure after bulldozing its current form.  The city must approve the coastal and site development permits in order for the change to be made.

The Romney campaign confirmed the report, telling the Washington Post that the Romneys want to “enlarge their two-bedroom home because with five married sons and 16 grandchildren it is inadequate for their needs. Construction will not begin until the permits have been obtained and the campaign is finished.”

Romney’s personal wealth is estimated at $264 million according to the Federal Election Commission, although his campaigned estimated his fortune between $190 million and $250 million.