hello all experienced homeowners, I am relatively young and an amateur when it comes to houses (never owned a house) I have a question, hope someone can help with it..
I am considering buying an old house, and most that I see are around 1 - 1.4 million. and these houses need some renovation, either an old and ugly kitchen, or a disgusting bathroom, I as a person want everything perfect as I want, that is to say, nice and modern like my dream house, at least 99% like my dream house, d^_^b everything ugly should be removed and replaced with new and nice things, applies to both walls, moldings, etc..
if I think that way, I'm forced to tear down the entire interior to create new inner walls to get the perfect floor plan that I want, and the kitchen and bathroom should be replaced with new ones. as well as exteriors too, roof, facade, etc... with this thought I get quite a new house, but it might feel very stupid, to waste money on things that already exist, e.g. inner walls, many might think that you should only renovate what is necessary and keep the rest as it is to be frugal..
so my question is, can someone give me tips and advice regarding :: whether to keep the house's existing layers and only renovate what's necessary and save money or renovate almost everything to get the perfect house.. is it expensive to renovate the house, is the price at about the same level as the house suppliers have when they furnish the house when you build new, or is it cheaper when you renovate yourself privately afterward..
one more question, if you are going to renovate everything it means that I have spent 1 million to get only the shell and everything should be renovated anew, is it worth doing so, or can you just as well build an entirely new house or buy a newly built shell from house suppliers and fix everything inside yourself, which option is more expensive??, should one invest in a newly built shell and fix everything inside??. can you think a little about the economic aspect, which is the most profitable and cheapest option..
it was a long question but you probably understand me,..
thanks,
I am considering buying an old house, and most that I see are around 1 - 1.4 million. and these houses need some renovation, either an old and ugly kitchen, or a disgusting bathroom, I as a person want everything perfect as I want, that is to say, nice and modern like my dream house, at least 99% like my dream house, d^_^b everything ugly should be removed and replaced with new and nice things, applies to both walls, moldings, etc..
if I think that way, I'm forced to tear down the entire interior to create new inner walls to get the perfect floor plan that I want, and the kitchen and bathroom should be replaced with new ones. as well as exteriors too, roof, facade, etc... with this thought I get quite a new house, but it might feel very stupid, to waste money on things that already exist, e.g. inner walls, many might think that you should only renovate what is necessary and keep the rest as it is to be frugal..
so my question is, can someone give me tips and advice regarding :: whether to keep the house's existing layers and only renovate what's necessary and save money or renovate almost everything to get the perfect house.. is it expensive to renovate the house, is the price at about the same level as the house suppliers have when they furnish the house when you build new, or is it cheaper when you renovate yourself privately afterward..
one more question, if you are going to renovate everything it means that I have spent 1 million to get only the shell and everything should be renovated anew, is it worth doing so, or can you just as well build an entirely new house or buy a newly built shell from house suppliers and fix everything inside yourself, which option is more expensive??, should one invest in a newly built shell and fix everything inside??. can you think a little about the economic aspect, which is the most profitable and cheapest option..
it was a long question but you probably understand me,..
thanks,
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Everything is expensive, your question is a bit scattered, but it can be said that depending on your own finances, it is often cheaper, given the relatively high standard in a new house, to build new. If you don't have the large capital to invest, then you buy second-hand and renovate little by little.
Then you have to think about what you can get for the house if you sell it. If it's a rundown house in a popular area, it's often worthwhile to renovate it. If you've bought in a less popular area at a cheap price, it doesn't matter if you renovate luxuriously, you won't get your money back.
In some areas, parts of Sweden, you cannot build a new house for around 3-4 million + plot and sell it for a profit. In metropolitan areas and in the popular areas, you can easily build for 3-4 million + plot and get your money back immediately.
Then you have to think about what you can get for the house if you sell it. If it's a rundown house in a popular area, it's often worthwhile to renovate it. If you've bought in a less popular area at a cheap price, it doesn't matter if you renovate luxuriously, you won't get your money back.
In some areas, parts of Sweden, you cannot build a new house for around 3-4 million + plot and sell it for a profit. In metropolitan areas and in the popular areas, you can easily build for 3-4 million + plot and get your money back immediately.
Hello to you..
If you are a carpenter, I think you can renovate IF you have the time, energy, knowledge, determination, etc.
I bought my villa in '99 and am now done. It takes time. Economically, for my part, it became 1 million cheaper than building new. The big project started in '05, so it took 4 years:
http://www.minhembio.com/speedomac/45353/
http://www.minhembio.com/speedomac/154025/
http://www.minhembio.com/speedomac/29955/
Then you have to consider if the house you plan to renovate CAN become your dream house??? Is it in the right place, can you build it right, the price, location, etc.
With a new house, the cost is high immediately, but you get everything you wanted. But then you have a plot to fix up and that doesn't come cheap.
Yes, if there is anything more, feel free to contact me...
Yes, I need to update my website... *I'm lazy about it*q(;^p
Best regards,
carpenter estwing
If you are a carpenter, I think you can renovate IF you have the time, energy, knowledge, determination, etc.
I bought my villa in '99 and am now done. It takes time. Economically, for my part, it became 1 million cheaper than building new. The big project started in '05, so it took 4 years:
http://www.minhembio.com/speedomac/45353/
http://www.minhembio.com/speedomac/154025/
http://www.minhembio.com/speedomac/29955/
Then you have to consider if the house you plan to renovate CAN become your dream house??? Is it in the right place, can you build it right, the price, location, etc.
With a new house, the cost is high immediately, but you get everything you wanted. But then you have a plot to fix up and that doesn't come cheap.
Yes, if there is anything more, feel free to contact me...
Yes, I need to update my website... *I'm lazy about it*q(;^
pBest regards,
carpenter estwing
Whether it pays off depends, as mentioned, on whether you can sell at a profit, which you can in big cities, where it's also difficult to even find a second-hand house, so building new might be the only solution.
Time is probably the major difference; a newly built house is completed within a year, a renovation project of the caliber you describe probably takes 10 years if you're doing most of it yourself and also have a "real" job, take care of the kids, family, relatives, the car, etc. etc. We started in 2002 and have one bathroom left to do, then the total renovation is complete, but this is our 3rd project, so we knew quite a bit already when we bought it.
I've never built new, so I don't know what it entails, but renovating is fun as hell :wow:
Time is probably the major difference; a newly built house is completed within a year, a renovation project of the caliber you describe probably takes 10 years if you're doing most of it yourself and also have a "real" job, take care of the kids, family, relatives, the car, etc. etc. We started in 2002 and have one bathroom left to do, then the total renovation is complete, but this is our 3rd project, so we knew quite a bit already when we bought it.
I've never built new, so I don't know what it entails, but renovating is fun as hell :wow:
Have been renovating our house for 10 years now and there is still a little left, some things we're on the second round
Have more friends who have torn out everything and then built up again and they all regret that they didn't just burn it down instead.
We will build new this spring and it will be fun to do something real and nice.
If you're going to renovate absolutely everything like you say, it's probably better to build new, but it costs a penny too.
Renovating can be done over a long time.
Have more friends who have torn out everything and then built up again and they all regret that they didn't just burn it down instead.
We will build new this spring and it will be fun to do something real and nice.
If you're going to renovate absolutely everything like you say, it's probably better to build new, but it costs a penny too.
Renovating can be done over a long time.
I would think that the cost in the end will be the same for a complete renovation as for a new build.
Keep in mind that new builds go quickly, and everything that due to lack of knowledge wasn't considered when ordering from the house supplier will come back to haunt you. This makes the choice of supplier extremely important. They should not only build correctly, but also be able to explain and provide lots of good suggestions.
If you renovate completely yourself, you will learn how your house functions and will not have major problems maintaining it properly. You get everything exactly as you want, but remember that everything costs a fortune!!! It's not just materials, but also all the machines you have to buy/rent. You will need to get help from quite a few craftsmen. If you don't have any close friends/relatives who are builders/have built themselves, you should refrain from renovation.
So the final bill for a complete renovation will probably end up the same as for a new build. What you save in craftsmen hours you will surely spend on those little extras that make your dream house what it is.
The last but oh-so-important aspect is TIME!!! If you build new, the house will be ready in 2 years. If you renovate, expect it to take 5-10 years. What are these extra 3-8 years worth in money then?
Keep in mind that new builds go quickly, and everything that due to lack of knowledge wasn't considered when ordering from the house supplier will come back to haunt you. This makes the choice of supplier extremely important. They should not only build correctly, but also be able to explain and provide lots of good suggestions.
If you renovate completely yourself, you will learn how your house functions and will not have major problems maintaining it properly. You get everything exactly as you want, but remember that everything costs a fortune!!! It's not just materials, but also all the machines you have to buy/rent. You will need to get help from quite a few craftsmen. If you don't have any close friends/relatives who are builders/have built themselves, you should refrain from renovation.
So the final bill for a complete renovation will probably end up the same as for a new build. What you save in craftsmen hours you will surely spend on those little extras that make your dream house what it is.
The last but oh-so-important aspect is TIME!!! If you build new, the house will be ready in 2 years. If you renovate, expect it to take 5-10 years. What are these extra 3-8 years worth in money then?
then not everything has to do with a profit.
if you're happy, the location is good, and the amount is obviously not too high, then I think renovation as I mentioned in thread 3 before.
when you buy a car, you practically never make a profit on it either.
you do/get what you want.
but as I said, all of this work requires a nice machine hall as well, electrician, plumber, painter, carpenter, etc.
yes, having a few contacts is not a bad idea...
kind regards,
carpenter estwing
if you're happy, the location is good, and the amount is obviously not too high, then I think renovation as I mentioned in thread 3 before.
when you buy a car, you practically never make a profit on it either.
you do/get what you want.
but as I said, all of this work requires a nice machine hall as well, electrician, plumber, painter, carpenter, etc.
yes, having a few contacts is not a bad idea...
kind regards,
carpenter estwing
I can't help but mention that I was really impressed with your estwing project.
After going through something similar myself between 2000 and 2007, I told myself it wouldn't happen again...
BUT... now I'm excited to start a new project and leave this behind us.
We actually need a place with a larger lot, so it might be fitting to get a new project to play with and with the experience I've now gained, it can only get better.
As I said... really impressive pictures of your project.
I really liked the lighting in the shower floor...
It's always fun with things that not many others have.
After going through something similar myself between 2000 and 2007, I told myself it wouldn't happen again...
BUT... now I'm excited to start a new project and leave this behind us.
We actually need a place with a larger lot, so it might be fitting to get a new project to play with and with the experience I've now gained, it can only get better.
As I said... really impressive pictures of your project.
I really liked the lighting in the shower floor...
It's always fun with things that not many others have.
thank you for the kind words paul.Paul-Staffanstorp said:
I can say that this project you shouldn't actually do. I mean this is SO much work that you CAN’T let a company take it on as the price would become sky-high.
you haven't yet seen the entrance floor or the upper floor.
but I can honestly say that it turned out nice.
bought the house for 780,000 SEK.
last year we valued it before the entrance floor with kitchen, etc. was started, 3,800,000 SEK.
so indeed there is a substantial increase.
the floor lighting, which I call the stage, is insanely beautiful I think.. fun with something that no one else has as well as round walls in the bathroom...
don't forget the cinema either...
you do get a lot of calls during sports events...
but as I said a lot of work but very fun time..
regards
snickar estwing
Well, then you have your pension insurance sorted...
Assuming you've made the solution with the tube lighting so it can be replaced if it gives up, but how have you solved this...
With passthrough from the laundry room or?
I can imagine everyone wants to be buddies with you then... haha
The problem for me is that in this region there isn't a house in that price range to find, because if there was, I would've been at it a long time ago...
Here you have to cough up 1.5 - 2 million and more for something similar.
Assuming you've made the solution with the tube lighting so it can be replaced if it gives up, but how have you solved this...
With passthrough from the laundry room or?
I can imagine everyone wants to be buddies with you then... haha
The problem for me is that in this region there isn't a house in that price range to find, because if there was, I would've been at it a long time ago...
Here you have to cough up 1.5 - 2 million and more for something similar.
Well, if you dvd1234 want everything PERFECT, I would probably recommend having a house built. Renovating yourself will be as perfect as you can make it yourself. So the question is whether you are satisfied with that or if it needs to be the most perfect.
I would never buy a new house unless I could build it myself from scratch. But I belong to the group that believes an older house has a charm, or soul if you will, that a new one does not have.
Anyway, I neither have the knowledge, energy, nor time to build from scratch. Not the money either, for that matter. So it's going to be renovation.
I would never buy a new house unless I could build it myself from scratch. But I belong to the group that believes an older house has a charm, or soul if you will, that a new one does not have.
Anyway, I neither have the knowledge, energy, nor time to build from scratch. Not the money either, for that matter. So it's going to be renovation.
Yes true.Paul-Staffanstorp said:Well, then you have your pension insurance sorted...
I assume you've done the solution with the tube lighting so it can be replaced if it gives out, but how have you solved this...
With a passage from the laundry room or?
I can imagine everyone wants to be friends with you now... haha
The problem for me is that in this region there isn't a house in that price range to find, otherwise I would have started long ago...
Here you have to cough up 1.5 - 2 million plus more for something similar.
The realtor believed around 4.5 with the same finish as the rest on the floors.
The thing is that around '09-00 the prices were low but still expensive if you understand?
Today this house would have cost 2 million surely before the *small* renovation...
But Paul, with your *mouth*, surely you can manage to haggle a bit? haha
Regards,
carpenter estwing
Uuuurk... you get sick seeing this, you feel like a bad person. What a job you've done, impressed. I had the same energy once, then a boat and children's activities got in the way. Just want to raise a word of caution that such a project can easily lead to burnout, it's important to stay focused. I would never recommend anyone to undertake a similar project, I know it's hard to get everything right in the end. Takes quite a bit of money too. But if you manage it and do like estwing, then that’s respect.:wow:estwing said:hello to you.. if you are a carpenter, I think you can renovate IF you have the time, energy, knowledge, determination, etc. I bought my villa in '99 and am now done. it takes time. economically speaking, for me this was 1 million cheaper than building new. the big project started in '05 so it took 4 years: [link] [link] [link] then you have to think about whether the house you plan to renovate CAN become your dream home??? is it in the right location, can you build it right, the price, location, etc. with a new house, the total is large right away but you get everything you wanted immediately. but then you have a lot to fix up too, and that hits the wallet hard.
if you want to comment or ask something about the project, it's here...
http://www.byggahus.se/forum/socialt-projekt/100276-liten-ombyggnad.html
I thank you for all the nice comments...
I'm here to help if anyone wants help....
hope the TS got some answers here?
as said, take a look there and comment there, I take all comments and reply to everything.
best regards
snickar estwing
http://www.byggahus.se/forum/socialt-projekt/100276-liten-ombyggnad.html
I thank you for all the nice comments...
I'm here to help if anyone wants help....
hope the TS got some answers here?
as said, take a look there and comment there, I take all comments and reply to everything.
best regards
snickar estwing
to Estwing,
,, incredible, I must say!!!!!!!!!!!!!!!!!111,, to be very honest with you, before the renovation, your house looked pretty shabby on the outside,,, but it turned out insanely nice after the renovation, I must say,! wonderful house now.... top class...
if I may go a little more into the economic part, if it’s not too private...
as I understand it, you bought the house for 780,000 SEK, and after the renovation, with only the ground floor done, it is worth 3.8 million, and according to the real estate agent, it will be about 4.5 million when the upstairs and everything are finished, is that correct,???
can you really increase the value of a house just by renovating like that, it increased by around 5 times,, how can that be true, are there really people who want to spend that much money to buy your house, the value according to the agent is so, but in reality then?? are there people who want to spend that amount of money, I’m not really into this house market stuff either, so I’m quite an amateur on that part hihiih,
but if you say that for 4.5 million you could build a new 2-story house with a nice garden too, would people prefer to buy your house or??, how do people think about it??,. if you like old houses with that charm yes and a good location.,,, when I hear 4.5 million I think it’s big money,...
and if I can know how much money have you spent on the renovation then??. you mentioned that with the renovation you saved 1 million compared to building a similar new one, then you must have renovated it really cheaper...:wow:
but estwing, when you renovate like that, with the roof, intermediate joists, facade frame, etc., don’t you have to hire help for that? does it not take as much compared to framing and assembling the roof on a completely new house or, because it's the same job and the same amount of material??, or is it cheaper just because it’s a renovation project and not a new build project,
you’re a carpenter, you know a lot and are totally in on your thing, but all that technical stuff, aren't you afraid that the house might collapse one day if you happened to build it wrong,?? this with the roof and floor, should hold, do you have all that knowledge so you feel really sure??
too many questions now ehehe, but I hope it doesn’t bother you, you are incredibly awesome, I just want to say...
,, incredible, I must say!!!!!!!!!!!!!!!!!111,, to be very honest with you, before the renovation, your house looked pretty shabby on the outside,,, but it turned out insanely nice after the renovation, I must say,! wonderful house now.... top class...
if I may go a little more into the economic part, if it’s not too private...
as I understand it, you bought the house for 780,000 SEK, and after the renovation, with only the ground floor done, it is worth 3.8 million, and according to the real estate agent, it will be about 4.5 million when the upstairs and everything are finished, is that correct,???
can you really increase the value of a house just by renovating like that, it increased by around 5 times,, how can that be true, are there really people who want to spend that much money to buy your house, the value according to the agent is so, but in reality then?? are there people who want to spend that amount of money, I’m not really into this house market stuff either, so I’m quite an amateur on that part hihiih,
but if you say that for 4.5 million you could build a new 2-story house with a nice garden too, would people prefer to buy your house or??, how do people think about it??,. if you like old houses with that charm yes and a good location.,,, when I hear 4.5 million I think it’s big money,...
and if I can know how much money have you spent on the renovation then??. you mentioned that with the renovation you saved 1 million compared to building a similar new one, then you must have renovated it really cheaper...:wow:
but estwing, when you renovate like that, with the roof, intermediate joists, facade frame, etc., don’t you have to hire help for that? does it not take as much compared to framing and assembling the roof on a completely new house or, because it's the same job and the same amount of material??, or is it cheaper just because it’s a renovation project and not a new build project,
you’re a carpenter, you know a lot and are totally in on your thing, but all that technical stuff, aren't you afraid that the house might collapse one day if you happened to build it wrong,?? this with the roof and floor, should hold, do you have all that knowledge so you feel really sure??
too many questions now ehehe, but I hope it doesn’t bother you, you are incredibly awesome, I just want to say...