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  1. #11
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    We renovated without kids and it was hard and expensive! I would chat to a couple of real estate agents and see what they say.

    What is your plan for where to live next?

  2. #12
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    What are similar renovated properties selling for in the area? Would you be over capitalising if you were to get them to that standard? Some banks will lend if you go to them with a renovation plan and they can see profit will be made

  3. #13
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    The house 3 doors up is selling for $279,000 and from the pictures inside, while tidy it is quite old. So if we were to renovate we could potentially make a big profit! If we had the money to renovate it would make things easier, we don't mind doing it but at the moment we can barely afford even small jobs, let alone large jobs. Plus I'm pregnant again so once we have a newborn it will be even more difficult. I am probably being a cop out but I am so sick of living in an old house, it's always dirty (stuff falls from the ceiling), always full of flies (windows don't close properly and no fly screens) our options seem to be
    1. Sell
    2. Refinance and renovate
    3. Suck it up and live like it as is and do small jobs at a time

  4. #14
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    Default Selling an old, half renovated house!

    Quote Originally Posted by Qwerty View Post
    We renovated without kids and it was hard and expensive! I would chat to a couple of real estate agents and see what they say.

    What is your plan for where to live next?
    We want to move to the beach but not sure where yet we said we will definitely move within 2 years regardless what the state of the house is, but like others said the more work we can get done the better. We just thought that if we could get out now without having to do anything that would be ideal 😄

  5. #15
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    Quote Originally Posted by maternidade View Post
    What are similar renovated properties selling for in the area? Would you be over capitalising if you were to get them to that standard? Some banks will lend if you go to them with a renovation plan and they can see profit will be made
    Sorry just realised you said similar renovated properties. Well yes that's the other thing, most houses don't seem to go too far above $280,000 even if they are beautiful inside, so we don't want to go overboard and spend too much!


 

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