We closed on The Poor House this past Thursday, and after some confusion at the closing table (my wife was still in the hospital and needed to sign some papers), the house is now officially ours. Which is good, because renovations were getting underway the day after closing, whether we officially owned it or not…
On Friday, we had our landscaping company come out to remove a couple trees in the front yard. There was termite damage to a couple trees, and one was already precariously hanging over the house. In addition to taking down two trees, they also removed a few too many bushes, so we may have to add some shubbery before we put the house back on the market. The goal was to open up the front view of the house, and we’ve certainly accomplished that goal.
In addition, by the end of this week, we expect the exterior to be completely renovated, with a new roof and all new siding. We’ll also be adding a 200+ square foot deck in the back, and expanding the front porch and steps. New gutters, soffits and fascia will complete the exterior renovations, and then we’ll throw on a new coat of paint to the exterior and the decks; by the time we’re done, hopefully it will look like a new house from the outside.
On Monday, the waterproofing company comes in to install a gravity drain and waterproof the basement. We’ll also remediate all the mold down there, and move one of the basement walls to open it up a bit more.
We’ll also complete major demo on the interior this week. Once we have have the house water-proofed, demoed, and the exterior complete, we’ll go in and make some decisions on what to do with the interior renovations.
I expect it will be pretty much a full cosmetic rehab, but we have a few more decisions to make. We may want to open up a couple walls, we don’t know exactly what type of flooring we want to use, and we may want to redesign the kitchen a bit.
Our budget on this project is $50K, and it wouldn’t be too hard to overshoot that, especially considering that we’ll be spending over $20K on the exterior alone. So, once the major exterior and structural work is completed, we’ll re-evaluate the budget and make the interior design decisions.