Expected Budget / Actual Budget

Purchase (Deed)-------------------$360---------------$360

Demolition-------------------------$2,000 --------------$0

Trash Removal--------------------$3,000 --------------$350

Tools------------------------------$3,000

Exterior Walls (load bearing)

• Lumber---------------------- $911.87
• Wrap-------------------------$113.00
• Siding------------------------$1,797.60
• Insulation--------------------$990.08
• Tax--------------------------$305.00 (8%)
• Contingency------------------$823.51 (20%)
• Estimated Total --------------$4,941.06
• We Said-----------------------$5,000.00

Flooring

• Lumber----------------------$3,065.61
• Tax--------------------------$245.25 (8%)
• Contingency------------------$662.17 (20%)
• Estimated Total--------------$3,973.03
• We Said----------------------$4,000.00

Interior Walls

• Lumber----------------------$287.80
• Drywall----------------------$990.00
• Tax--------------------------$102.22 (8%)
• Contingency------------------$276.00 (20%)
• Estimated Total--------------$1656.02
• We Said----------------------$2,000.00

Doors/Windows

• Windows---------------------$2,000.00
• Storm Door-------------------$400.00
• Exterior----------------------$800.00
• Interior----------------------$600.00
• Tax--------------------------$304.00 (8%)
• Contingency------------------$820.80 (20%)
• Estimated Total--------------$4,924.80
• We Said----------------------$5,000.00

Roof

• Trusses----------------------$1,500.00-------------$1,500
• Sheathing--------------------$797.50
• Felt--------------------------$353.00
• Shingles----------------------$960.00
• Taxes------------------------$288.76 (8%)
• Contingency------------------$779.65 (20%)
• Estimated Total--------------$4677.91
• We Said----------------------$5,000.00

Ceiling

• Drywall----------------------$468.00
• Insulation--------------------$1,121.12
• Tax--------------------------$127.13 (8%)
• Contingency-----------------$342.25 (20%)
• Estimated Total-------------$2,059.50
• We Said---------------------$2,000.00

Flooring

• Material---------------------$3,696.00 ($3/SqFt)
• Tax--------------------------$295.68 (8%)
• Contingency-----------------$798.33 (20%)
• Estimated Total-------------$4790.01
• We Said---------------------$5,000.00

Electric

• Estimated-------------------$2,950.00
• Tax-------------------------$236.00 (8%)
• Contingency-----------------$637.20 (20%)
• Estimated Total-------------$3,823.30
• We Said---------------------$4,000.00

Plumbing Estimate---------------$2,000

Bathroom Estimate---------------$3,000

Kitchen Estimate-----------------$5,000

Rough Total-------------$50,000 -------------$2,210.00

Change of Plans For House #1

As you can probably tell from the many pictures of the house, our plans for it have changed. Instead of renovating it, or remodeling it, we are completely "demoing" it down to the foundation. We were planning on just doing a little renovation until we found numerous problems that needed to be fix.

1. Roof structure was unsafe, and need to be totally replaced
2. Walls were no where's near strait or square
3. Walls were framed incorrectly
4. Sub-floor was horrendous
5. Carpenter Ants created saw dust out of a good part of the floor joists
6. The floor joists themselves were 2 x 4's spaces 2 foot O.C.
7. The majority of the floor joists were unsupported
8. And general poor construction

So do to this the renovation became a new construction. As of this moment we have demolished the entire house down to its foundation. In the next week or so we will have the foundation repaired. Once that is complete we will begin the building processes.

Pictures of House Rehab

Here is a link to the pictures of the house. Enjoy!
Yahoo Picture Album