Moved in House
by
Loretta
+1
Is a moved in house in very good condition worth the renovation? The house is two story, 2080
sq. ft. with vinyl siding. It will need a new roof, plumbing, electrical and some repairs. The move cost $10,500. the house was 1/4 mile from my property.
sq. ft. with vinyl siding. It will need a new roof, plumbing, electrical and some repairs. The move cost $10,500. the house was 1/4 mile from my property.
4 answers
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It sounds like a lot of work.
Jane Taylor
on Mar 23, 2014
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Loretta, your in the decision phase I assume now to determine the future value of the home. Doing renovations correctly will not only add additional comfort to the home, but increase its value. First off if your planning to live in the home, I suggest that you do as little as you can for several months until you know exactly what your future home is all about. With a home inspection, they will not find everything that is or could go wrong with the home. You do not want to go broke fixing something that perhaps could have waited now and that you find out that the house has a major structural issue that needs to be addressed first.You will only find this out after you move in and find out just what issues that the house really has. Plus after living in it for even a short time, you will find you may want to change things around a bit, and had you already spent many dollars on these improvements you may find that some of that hard spent money will need to be torn out to make the changes that you desire. So if you can wait. When determining any future renovation plans, one must first determine what you want the home to be once its done. Way to many folks do renovations in such a way as the home does not end up flowing very well from one area to another. Add to the major improvements that your speaking about and if done wrong could end up costing you thousands more once everything is completed and not getting any additional value out of the work. In addition, with the hundreds of possible solutions to every renovation project, you can see that its not all cut and dry when it comes to what should be done first and how. My suggestion is to do any temp repairs necessary to keep the house dry and safe. This of course goes without saying. But is there a better way? Yes. The very first thing to start with is the roof area. Always work from top to bottom if you can. Regardless if your doing inside or out, or even both as in your case. The roof is your first line of defense against water intrusion. Which if you spend any time on this site you will read about all the horror stories of mold and damage that has occurred due to leaks. So you need to address the roof first. Now here is where it gets interesting. Everyone wants to save money. And I am sure your no different. So changing the roof is the perfect time to start thinking about energy savings for the home. Much like the roof is first in defense against water leaks, Its also a first line in offense in saving money. Choosing the correct colors and roof type can have a great impact on the interior temps as well as what you will pay for energy. A light color roof will reflect the heat away, while dark colors will make things a bit hotter. This is not to say not to choose a dark color roof, but be prepared to spend more on insulation to overcome the additional heat that the roof will bring. Also some roof colors can be credited towards some state energy plans and you will be able to get government refund checks for using them. Each state is different but its money in the bank if you choose wisely. Electrical is another thing to consider. You should choose the largest panel that is appropriate for the house. While a 100 amp service will work, are you planning to do major renovations in the home? Are you a craftsperson who has lots of power tools? Perhaps you want the kitchen of your dreams. All of these take lots of power. So be sure you get what your future will require, not what you simply need now. Resale value goes up with a properly installed and sized electrical system. Even if your not planning to use all the power that a new service will bring, If you sell the new owner may just want that new pool or perhaps is a contractor that needs that extra power for their tools. All of which will help sell the property and for a bigger price. With plumbing, perhaps you need a new water heater? Choose something that will save money and bring good value. Replacing pipes? Good time to add additional connection points for perhaps that new bath. Opening up walls on first floor, now is the time to run pipes up to the 2nd floor even if you do not connect them. You never know when you may want to add a new bath. And now the pipes are in. Better then tearing into those new kitchen walls to run the pipes later on. I could go on, but I think you get the picture. It is sometimes hard to choose what to do and how much to spend, but with any major improvement that effects all of the house, not just one single room, its important to look long term when choosing from all the dozens of possible choices that are available. A quick fix now may be what you can afford, but like any investment, if you spend just a little more you will reap the benefits later on with better value and long term efficiency.
Woodbridge Environmental Tiptophouse.com
on Mar 23, 2014
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Yes it's worth the renovation. You can't live in a house that needs a roof, plumbing and electrical.
Fred Van Allen
on Mar 24, 2014
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Is the house free? and the moving cost is to move from one spot to your property? If this is the case, then yes, it is worth every penny of a complete renovation plus you will have to have a foundation poured. At this point, I would look into a basement since basements give you an extra 1000 sq ft of space to utilize. I would, however, check in to insuring the home just in case house falls off the jacks and crumbles into a pile before you get it there.
The Garden Frog with C Renee
on Mar 24, 2014
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