I Bought A Neglected House!
- Thread starter LumbermanSVO
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LumbermanSVO
macrumors 65816
I rarely wear shoes at home, I prefer to be barefoot as much as possible. I'm pretty sure I wore shoes when tearing out the walls in the garage because of how gross that place was.
LumbermanSVO
macrumors 65816
Thanks for checking in! I had some tech issues on the editing side this week, and by the time it was sorted I had some work stuff pop up, so no video this week.
That said, the weekly publishing schedule has been my main factor in my work pace. I'm now coming up on a bunch of framing work and lumber prices are stupid expensive right now. As an example, replacing that beam cost $760 between the jacks and lumber. I'm thinking of switching to an every other week publishing schedule so I can spread the costs out some more. While I could continue on at the current pace, that wouldn't allow me to put anything into savings for things like a new roof or HVAC system.
That said, the weekly publishing schedule has been my main factor in my work pace. I'm now coming up on a bunch of framing work and lumber prices are stupid expensive right now. As an example, replacing that beam cost $760 between the jacks and lumber. I'm thinking of switching to an every other week publishing schedule so I can spread the costs out some more. While I could continue on at the current pace, that wouldn't allow me to put anything into savings for things like a new roof or HVAC system.
asleep
macrumors 68040
Not a bad idea, I think we're closer to a top in commodity prices. Not that they'll go all the way back down, but over the next few months external contributing factors should lessen notably. Trickle down to local pricing will be delayed a bit.
LumbermanSVO
macrumors 65816
My next project is to replace the five bad joists under the bathroom and bedroom I tore out. I will need to remove the door frame to that bedroom in order to replace one of the joists. Then I need to replace the subfloor, frame in a new door, the exterior walls, the wall separating the two rooms, and hall closet. After that I can run the electrical.
But before I add insulation and and drywall I need to deal with that section of the roof. I may just throw a second layer of shingles over the existing layer to hold me over until I can do a tear-off on the whole house.
Thanks, I'm glad you are enjoying it!
LumbermanSVO
macrumors 65816
This week I try to add some window A/C units, I change a power circuit, and I clean up the garage.
asleep
macrumors 68040
LumbermanSVO
macrumors 65816
It took two weekends, about 5 hours on saturday, 2 on Sunday because of Rain. The next weekend was two 6 hour days.
LumbermanSVO
macrumors 65816
Mostly a lot of cleaning up outside in this one. The driveway didn't seem so big until I started cleaning it...
satcomer
Suspended
I firm believer to keep a cool/warm garage use some tool out old insulation into your garage area! It relatively cheaper and you can regulate the temperature better!
JohnR
macrumors regular
Ha! Pressure washing can wear you out quick. Funny watching you do it...your feet moving like that was funny.
We didn't have the cicadas like you all did, and I'm only 1.5 hours south of you
asleep
macrumors 68040
I don't know why it's enjoyable watching you mow the lawn and powerwash the driveway... but it is. ¯\_(ツ)_/¯
It is an interesting effect, like he's sliding across the surface.
LumbermanSVO
macrumors 65816
It looks so much better, but now I'm curious about how much driveway is hiding under the vegetation on the right:
The garage is doing fairly well in the heat right now, I think mostly because it is in the shade all the time. I've been observing home temps with Home Assistant and the house does ok until late afternoon when it is no longer in the shade.
They are everywhere, every day I kill at least half a dozen. I'm from the Pacific Northwest where there are no cicadas, so this is kinda weird to me.
I set the speed to 5000%, most timelapse stuff I usually do 1000%.
asleep
macrumors 68040
It looks so much better, but now I'm curious about how much driveway is hiding under the vegetation on the right:
Yah, it does look like it could be substantial.
LumbermanSVO
macrumors 65816
I went out with a crowbar and stabbed at the ground to get an idea of where the concrete ends, the edge is right around the yellow line:
Wow, that's quite a bit of additional driveway space. Crazy that it's that overgrown, but I guess if the prior owner didn't need the space, it probably didn't matter. That will be nice if/when you get the bushes trimmed back.I went out with a crowbar and stabbed at the ground to get an idea of where the concrete ends, the edge is right around the yellow line:
LumbermanSVO
macrumors 65816
Yeah, I was surprised at how much it is overgrown, but that's what happens if you ignore things for 15 years. There are some big logs in there, so I need to rent/buy a chainsaw to clean it up.
LumbermanSVO
macrumors 65816
A year ago my industry was in complete shambles, so if the job didn't work out I was probably going to switch industries anyway. The place was only $90k so if I needed to turn around and sell it I could, especially with the housing marking going insane. With the two rooms rented out my net cost is around $350 a month, so even at half my salary it would be pretty easy to handle the costs. So overall it was fairly low risk.
Looking at comps in the area, places that looked fairly similar but with half the land and no detached garage were selling for $120k-ish. Similar places but in nice condition, half the land, and no garage were selling for $250k-ish. I think with everything finished the place will easily be worth $350-ish.
Looking at comps in the area, places that looked fairly similar but with half the land and no detached garage were selling for $120k-ish. Similar places but in nice condition, half the land, and no garage were selling for $250k-ish. I think with everything finished the place will easily be worth $350-ish.