Getting priorities right !!

Discussion in 'Living Room' started by See Change, 23rd Jan, 2016.

Join Australia's most dynamic and respected property investment community
  1. See Change

    See Change Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,649
    Location:
    Sydney
    " New " PPOR .

    Back of the house is sinking and needs stabilising . Roof needs replacing , bathroom , kitchen as well . Veranda roof leaks , need to replace Windows and split a couple of rooms ....

    Where do we start ???

    Triple garage is having the tandem bit split off to become a sound proofed recording studio complete with non parrallel wall to improve the acoustics !!!

    YES :cool::cool::cool:

    Cliff
     
    Bran likes this.
  2. chindonly

    chindonly Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    407
    Location:
    Brisbane
    Musical man cave??
     
  3. See Change

    See Change Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,649
    Location:
    Sydney
    Yep

    Cliff
     
  4. EN710

    EN710 Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    2,880
    Location:
    NSW
    The man need to have his safe place before going around wrecking things (then fixing them) :rolleyes:
     
    ellejay and See Change like this.
  5. Propertunity

    Propertunity Exclusive Real Estate Buyers Agent Business Member

    Joined:
    19th Jun, 2015
    Posts:
    1,778
    Location:
    NSW
    In order of priority:
    Stop the house from sinking - underpin / stabilise
    Stop the water from coming in - fix the roof
    Get it watertight - replace the windows
    Do the rest as it suits you
     
    MTR, Ozzie in Texas and legallyblonde like this.
  6. THX

    THX Well-Known Member

    Joined:
    24th Jul, 2015
    Posts:
    869
    Location:
    Sydney
    Knock it down? build new?
     
  7. Xenia

    Xenia Best Adelaide Property Manager Business Member

    Joined:
    21st Jun, 2015
    Posts:
    3,558
    Location:
    507 South Rd ASHFORD SA.
    Underpin the house first.
    Roof second Including verandah roof.
     
    MTR and Ozzie in Texas like this.
  8. See Change

    See Change Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,649
    Location:
    Sydney
    Proportunity

    Luckily the part of the house where the studio is , is a new extension and is built like a brick Sh..t house .

    Next job will be stabilising old part of house , ( need to do more research but current plan will be a drainage trench dug behind the house to stabilise water flow to start with , then foundation work , but will get consultants in etc ) designing new plan and starting from roof down .

    But still , studio comes first

    Knock down would be more expensive . 6-800 k plus . If we did that we'd have to build a big house other wise it would be undercapitalising the site and we don't want that . Current house is about the right size for us .

    For a couple of hundred , we can dramatically improve current house and improve value.

    We can also stagger the work in steps which will work well .

    Cliff