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Old 03-24-2019, 03:50 PM   #1 (permalink)
redpoint5
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Join Date: Aug 2010
Location: Oregon
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Acura TSX - '06 Acura TSX
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Considering Unfinished Home

Here's the awful house.

https://www.redfin.com/OR/Silverton/.../home/26337191

I don't particularly love the layout, how it doesn't fit in with the neighborhood, or the location. That said, I like having that much space, a shop to work on things, an ADU for renting out (perhaps $1,300/mo income), and space for a game room above the garage.

If there's a decent amount of equity to be gained by finishing the place, I'd be interested. I can put in a limited amount of sweat equity by finishing the siding, pouring concrete pad in garage, and putting in fixtures myself. Probably everything else I would contract out.

What I know:
  • Duct work is completed
  • Electrical wiring is completed but not connected to service. No outlets/fixtures
  • New gas hot water heaters are purchased but not installed
  • Plumbing is completed but not connected to fixtures
  • No flooring installed
  • No trim installed

Any very rough estimates for finishing everything with mid grade materials? How about estimates for landscaping? The 2 bed ADU is currently finished enough to be occupied.

What all should I be aware of, or what tips / advice do you have? The lease on our apartment is up at the end of June, then it goes month to month at a much higher rate.

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