Thursday, March 2, 2017

Creating a remodeling budget

Image: http://elizabethpyle.com/wp-content/uploads/2015/05/remodel_plans_costs.jpg

Understanding that plans may change, depending upon what the inspections could discover, I am outlining what I need to and would like to have done, over time as in EVENTUALLY, to the home I am purchasing. At this point, we are expected to close at the end of March, and I know that this date may get moved into April, fine.

Ideally, assuming that there are no major issues, I would like to focus my initial $10,000 remodel sprucing up, to actual construction as well as energy conservation.

-have the utility company run an energy audit (which will include some weather proofing, caulking etc) $124
-remove the paneling from the entry, living room, dining room (we've been told that there probably*isn't any sheetrock underneath)
-insulate all exposed, exterior walls of the entry, LR and DR
-insulate the attic
-create a cut out window between the living room and eat in kitchen area, frame it out with wood stained to match existing trim
-sheet rock aforementioned areas, paint
-paint master bedroom, hall bath, laundry/half bath
-remove small ramp from entry to LR, finish all wood floors (aforementioned areas plus all 3 bedrooms)
-install a toilet in the laundry, replace the slop sink with a proper vanity and sink
-replace cellar hatchway doors, if needed, make sure door into cellar is insulated
-remove sliders in DR, replace with a single door, attached to a fixed window of glass
-install a ridge vent along the roof edge
-remove oddball, non matching and many non functioning lights attached to home, fill holes in vinyl siding with clear silacone
-remove long ramp in garage to house entry within garage; rebuild steps (reuse wood?)
-remove all handycapped bars from hall bath, patch walls. Remove handycapped shower unit and install a cast iron tub, tile shower (color to be determined), new exhaust vent (may just need a cleaning and an oiling), new sink and vanity, new floor(?), paint, msc items like towel bars, frost window cling, curtains
-locksmith services
-powerwash back deck (we can stain it)
-rocker switches, GFI outlets in kitchen and baths, pot lights, ceiling fans, replace ceiling fixtures
-fireplace inspection for safety
-install ceiling fans with lights in 3 bedrooms, kitchen, living room

I will also need more "handyman" type jobs completed:
-hang curtain/drape hardware
-hang picture, decorative pieces, mirrors, candle sconces
-hang TV's

If I can get the aforementioned done prior to moving in, the worst will be behind us. Then as monies are amassed, I can tackle additional projects.

11 comments:

Hawaii Planner said...

We are in the midst of many of these types of projects! We also painted, removed popcorn ceilings, lifted some of the ceilings about 8" (made a huge difference in the look & feel of the house), made modifications to walls & doorways to reduce the framing, and we're now in the final project -flooring. I'll try & get some before & after pictures together. It's a lot of fun, but SO MUCH work. :-)

Bobbie said...

I'm pretty sure the seller should have to pay for the GFI outlets in the kitchen and bath (I know we had to when we sold our home in Hartford) because it's a safety issue.

Life In Mooseport said...

Agree with Bobbie. You can also ask for an allowance from the seller to cover some of the cost of repairs or refinishing the floors.

CTMOM said...

Hawaii, yes, there will be work involved, most paid out to contractors/tradesmen. If all goes well, we will close at the end of March, alloting 2 months to get the work done, and then we move at the end of May, when my lease is up.

CTMOM said...

Bobbi, that will be checked at inspection, a full report will most likely be shared with the seller's realtor. It is an estate sale.

CTMOM said...

Life, yes, it doesn't hurt to ask.

Busy Bee said...

Everything looks great on your list and I've looked at all the ideas you have. I'm looking forward to seeing your progress.

Meg B. said...

I love your new place! But, but as for removing the handicap fittings from the bath, (I love how you call it "handycap", by the way, nice word play) I would reconsider, assuming the fittings work/are secure. I know they aren't aesthetically pleasing, but, from my own life experience, I can say that it's better to have them and not need them, than vice versa. We're usually not given much warning before we need these things. We are thinking of fitting our master bath, Just in case. And, just in case explains why we are seriously looking for a master-suite-on-main-floor home. Nice to do these things when there is no pressure.

CTMOM said...

Meg, the bathroom in question is the hall bath, to be used by DD and DS. The Master bathroom has a single, stall shower. I may* keep the grab bars and store them, but the shower in the hall bath is coming out, to be replaced with a proper tub and shower with tiled walls. To reinstall, I know that the studs would need to be found, holes predrilled, anchor bolts used before screwing the grab bars (probably use lag bolts of some kind). My Ex was a builder before he went into the automotive field so I've learned a lot about building and cars. Thanks for sharing your thoughts. : )

Larissa Stretton said...

I was thinking since the home needs some insulating, have you thought of an energy audit? We had MassSave come in and we're able to get our 1950's ranch home insulated at a reduced price, we only paid $500 for a $2000 job through this program. I figure Connecticut probably has a similar program? Just thought it might be a way for you to Dave some money.

CTMOM said...

An energy audit will be done.