Restumping

Discussion in 'Renovation & Home Improvement' started by Lentils, 2nd May, 2018.

Join Australia's most dynamic and respected property investment community
Tags:
  1. Lentils

    Lentils New Member

    Joined:
    2nd May, 2018
    Posts:
    3
    Location:
    Melbourne
    Hi,
    We are looking at purchasing a home that is quite old. We had an inspection done today and one of the things that needed doing was restumping. We can not get a clear pic on how much this would cost. Some places are saying $100 per stump and others from $400-$700. It is an old weatherboard and the builder inspector said they wouldn't be able to access from under the house. There is no room to get under and next to it is concrete. (about 80sqm- house size)
    We have no idea how much extra this would cost for them to have to go into the house and rip up some of the floorboards. He also mentioned something about ripping up the concrete to get underneath.

    Can anyone give us any guidance? I feel like restumping shouldn't be more than say $15,000 but if the stumps are $400-$700 that would bring it up to the $50,000 mark. HELP!!

    Auction is on this Saturday the 5th May.
     
  2. Propertunity

    Propertunity Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    3,476
    Location:
    NSW
    Trying to restump when there is not enough crawl space under the house will be a giant PITA and expensive since you will have to cut access holes in the floor.

    Is there any reason you cannot just find another house that does not need re-stumping? Didn't you notice that the floors were uneven / squeaky / slopey when you did your walk-thru?
     
  3. Lentils

    Lentils New Member

    Joined:
    2nd May, 2018
    Posts:
    3
    Location:
    Melbourne
    We have not bought the place yet. Yes we can see that the floor is not correct that is why I'm trying to find out how much it would cost. This will affect my bid price.
     
  4. Propertunity

    Propertunity Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    3,476
    Location:
    NSW
    I understand all that. I guess what I was asking is why is this place still on your short list? What is the compelling reason it is still under consideration? Can’t you find something better that doesn’t have yet to be determined costs to fix?
     
  5. dabbler

    dabbler Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,572
    Location:
    Sid en e - olympic city
    If you want the place, I would add worst case fix cost + some incentive for me to go through it all, and if it is close to ground, I would be lifting it.

    or

    if it is the location, pay land value minus some figure if no competition and build new.

    PS sometimes you can go through floor boards or may be an access area under some carpet inside..
     
  6. Brendon

    Brendon Well-Known Member

    Joined:
    11th Jun, 2016
    Posts:
    341
    Location:
    Vic
    Is the property for an IP?
    Does the property have to be restumped straight away or would be ok for a few years (or more)

    I bought a property around 12 months ago that needs re stumping (there is access without cutting the floor though) its gone up over 25% in value and I realistically won't have to restump for at least a few more years.

    I wouldn't cross a house off your list purely due to this!
     
    Joynz likes this.
  7. Joynz

    Joynz Well-Known Member

    Joined:
    5th Apr, 2016
    Posts:
    5,755
    Location:
    Melbourne
    In Melbourne restumping costs just over $50 per stump with good access under the house.

    If no access, it will definitely cost more, but as per the comment above may not need to be touched for years.
     
  8. Tonibell

    Tonibell Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,108
    Location:
    Sydney
    Exactly - plan around lifting the place so you can build underneath.

    If the place is only 80m2 then this will add more value then it it costs.

    We regretted renovating a place without lifting first - it gives you a lot of options.
     
  9. Optimus

    Optimus Well-Known Member Business Member

    Joined:
    2nd May, 2018
    Posts:
    282
    Location:
    Melbourne
    I have seen you post this twice on here now and I'm sorry but you are way off the mark in regards to the costs.

    Restumping costs on average $100 per stump + the permit costs, depending on the access, type of house (weatherboard/brick veneer/solid brick)and soil conditions it can be more.

    FWIW i have been restumping for the past 15 years and it has never been $50 per stump in my time
     
    The Y-man, Propagate and 738 like this.
  10. Optimus

    Optimus Well-Known Member Business Member

    Joined:
    2nd May, 2018
    Posts:
    282
    Location:
    Melbourne
    Unfortunately house in Victoria are mainly low set houses and can't be lifted like they can in qld or other states, unless the land slopes dramatically you wont be able to build underneath
     
    _K_O_ and The Y-man like this.
  11. Lentils

    Lentils New Member

    Joined:
    2nd May, 2018
    Posts:
    3
    Location:
    Melbourne
    No this is not for an IP. We want to live in it.
    Actually as we want to live in it and renovate inside, we have been advised to restump before fixing the kitchen etc otherwise it might lead to it becoming unstable at a later date.
    Alex - the reason it is on our shortlist as it is unrenovated and cheaper even with money put into renovating. We hate others peoples style and want to create our own house. It also is an awesome location.
    Dabbler - yes going through all that is def a reason for hesitation.
     
  12. Coota9

    Coota9 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,286
    Location:
    Melbourne
    Recently had 150 concrete stumps replaced in my 1950s place at a cost of 16k including permit,rubbish removal etc..
     
  13. dabbler

    dabbler Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,572
    Location:
    Sid en e - olympic city
    I did not see where located ?

    I would lift it enough to have easy access if your going to stay, or, just live in it till it literally has to go then build the house you want.

    I have posted this before, but there are houses that wwere and looked in very poor condition over 40 years ago, anyway, those places, unless knocked down or burnt, will out live me & I dare such many of the members here
     
    The Y-man likes this.
  14. dabbler

    dabbler Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,572
    Location:
    Sid en e - olympic city
    That is a lot of stumps ?
     
  15. Joynz

    Joynz Well-Known Member

    Joined:
    5th Apr, 2016
    Posts:
    5,755
    Location:
    Melbourne
    Hmmm - was going off memory when citing the $50 - so easy to mis-remember. Have checked, and was quoted $5,000 exc. gst for <100 sq m house so cost per stump would likely be around $100 per stump.
     
    Last edited: 2nd May, 2018
    The Y-man likes this.
  16. dabbler

    dabbler Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,572
    Location:
    Sid en e - olympic city
    oh well, 50 or 100, whats a 50 between friends......but 500, 6 or 700....were talking another planet !
     
  17. Propagate

    Propagate Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,495
    Location:
    Melbourne
    It's not just the stumping though, who know whats you find once you get that floor up. We restumped the front half of our 1903 weatherboard 10 years ago. Costs wast about $14k including permits and rubbish removal. That was for 80 new stumps and 50 meters of new joists and bearers that had rotted out too. On top of that there was about another $6k for new (reclaimed) floor boards as we also had no access and once we started lifting the old Baltic Pine boards they were falling apart, wasn't worth salvaging or repairing them so we stripped the lot to make stumping access easier, sold the good ones to a reclamation yard and bought reclaimed Tassie Oak from them. Another $4k on top of that to have the oak laid and sanded and polished.

    Turned out to be a big job, I wouldn't dream of doing any renno work until you get that sorted first, we lifted our place up over 120mm around the edges as it had sagged so much over the years. That'd ruin any renno work you did before stumping.
     
    Optimus likes this.
  18. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    13,527
    Location:
    Melbourne
    Great point - the house could be in Darwin for all we know.....

    The Y-man
     
  19. ross100

    ross100 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    231
    Location:
    Melbourne
    any recommendations for stumper company in Melbourne
     
  20. Tonibell

    Tonibell Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,108
    Location:
    Sydney
    If the house is on stumps - what is it that stops it being lifted (apologies if this is a really naive question) ? I was thinking the Queensland style house when I suggested it.

    Maybe check with @Optimus