Now I have the rehab itch...what will all this cost??
 

Broke my big repair cherry yesterday by dropping $1700 re-shingling 900
sq feet of roof.

I was thinking of doing a rehab loan, with the following items
included. I know some of these I may be able to handle myself, but I
wanted to put them all in to get an idea of cost for all these items
from some of the experts here.

This is for a 100 year old single family two story colonial in MA. The
home is about 1350 sq feet. 7 rooms, 3 beds, 1 bath.

- add 1/2 bath on 1st floor
- Scrape/Paint the house bright yellow (currently gray)
- waterproof all fieldstone basement walls (650 sq ft basement)
- add ground level 12 x 15 redwood deck, lighted w/ outside elec
outlets
- hot tub on the new deck
- new asphalt driveway (single wide, about 12 x 40)
- extend existing 12 x 30 garage by 20 feet back into yard.
- hardwire electricity to garage - w/baseboard elec heat or wood stove.
- replace bathroom floor w/ceramic time and install shower door
enclosure (6 x 6 bathroom, small.)
- re-seed and flatten/level lawn, remove razor tree (holley?), remove 4
ft chain link fence and giant bush in front of house. (Lawn is about
3000 sq feet. Fence is about 25 ft in length.)
- Wall to wall carpet in living room (10 x 12).
- baseboard heat w/thermo installed in unheated room. (10 x 12)
- new gas dryer
- new front and back storm doors
- new gas stove
- add garbage disposal
- ceramic tile on kitchen floor (16 x 14)
- reshingle roof of garage.


I am figuring around $25,000. I would hope a GC could handle the whole
mess, and get it all done in a month in the spring/summer/fall.
Thoughts?


Bluesman

I am figuring around $25,000. I would hope a GC could handle the whole
mess, and get it all done in a month in the spring/summer/fall.

That will get you far less than half of what you want. If you start in March
it's just possible it might be done by Labor Day, but Thanksgiving Day for
sure. And possibly in the year 2006
The storm doors ought to be only $400 or so, do them first.
Painting the house bright yellow is likely to thrill your neighbors a lot,
especially if there no other rainbow-hued homes nearby. Yellow is a weird color
that people either loathe or merely tolerate.
Waterproofing a fieldstone basement is an execise in futility, unless the house
sits on a gravel hill.
Stay closer to your budget and pour a nice concrete patio instead of the trendy
wood deck. It's cheaper and you can have a fire pit (super trendy) as well as a
hot tub, without killing off 20 acres of ancient forest for your redwood.
I'll defer to other NG experts on pitfalls and possibilities, but for sure you
will have been through some interesting times by the time everything gets done.
Good luck.

Joe