Phase 1 - purchase, demo, create kitchen, create space we could live in. Resulted in Kitchen, Bath, bedroom, living area. Funded by sale of former primary residence.
Phase 2 - Complete the plaster, floors, and bathrooms - expanding living space to 3 bedrooms upstairs, art room downstairs, dining, living room, 4 bathrooms in service (not complete). Installation of HVAC. Funded by sale of investment property + 0% lines of credit.
Phase 3- Slate roof replacement, chimney work, exterior carpentry work. Funded by mortgage on house.
Phase 4 - Paint exterior, paint interior, interior carpentry, punch list items. Funded by home equity line of credit.
Remaining items from punch lists above -
CURRENT FOCUS = PAY OFF DEBT INCURRED TO DO ALL OF THE ABOVE.
Phase 5 - Finish work on two former porches that are now enclosed creating a sunroom/kitchen extension, master bedroom, master bathroom.
Phase 6 - turn summer kitchen into rental efficiency.
We'll need another 100k to complete the last phase. If we do all the work ourselves it's probably $25k in materials + months of labor. We're just not even going to think about it for a long while.
The day we bought the house
Phase 2 - Complete the plaster, floors, and bathrooms - expanding living space to 3 bedrooms upstairs, art room downstairs, dining, living room, 4 bathrooms in service (not complete). Installation of HVAC. Funded by sale of investment property + 0% lines of credit.
Phase 3- Slate roof replacement, chimney work, exterior carpentry work. Funded by mortgage on house.
Phase 4 - Paint exterior, paint interior, interior carpentry, punch list items. Funded by home equity line of credit.
Remaining items from punch lists above -
- Fix tile in 2 bathrooms.
- Paint kitchen walls again.
- Paint pantry again.
- Finish girls bathroom (we have all materials, just need to do the work)
- Fix basement access
- Create butler pantry or half bath or laundry room thing. Plans change with sobriety.
- fix worst aspects of the yard and drainage
CURRENT FOCUS = PAY OFF DEBT INCURRED TO DO ALL OF THE ABOVE.
Phase 5 - Finish work on two former porches that are now enclosed creating a sunroom/kitchen extension, master bedroom, master bathroom.
Phase 6 - turn summer kitchen into rental efficiency.
We'll need another 100k to complete the last phase. If we do all the work ourselves it's probably $25k in materials + months of labor. We're just not even going to think about it for a long while.
The day we bought the house
Today
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