I have a property in Wellington and I'm looking at raising the top floor 30cm to open up space to add 2 more bedrooms to the downstairs flat. Has anybody done or been quoted on a similar project in the past? I'd love to hear your experiences. Cheers
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Has anyone done a house lift?
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Has anyone done a house lift?
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Not strictly what you are after Nick, but friends of ours had a house lifted in Taupo years ago.
They put in a whole new ground floor and the original (now raised) floor then had fantastic views of the lake. Pretty much tripled the value.
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Great cheers. I think with mine it would take a pokey downstairs 3br flat and turn it into a mint 5br place so doubling the value of that part of the property is not out of the question.
I don't know what it will cost though. My guess is including a new kitchen, new bathroom, 30cm of wall, foundation for new space, carpet/paint and fire-line plus soundproof the ceiling somewhere near 150-175k.Free online Property Investment Course from iFindProperty, a residential investment property agency.
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Originally posted by Nick G View PostGreat cheers. I think with mine it would take a pokey downstairs 3br flat and turn it into a mint 5br place so doubling the value of that part of the property is not out of the question.
I don't know what it will cost though. My guess is including a new kitchen, new bathroom, 30cm of wall, foundation for new space, carpet/paint and fire-line plus soundproof the ceiling somewhere near 150-175k.Squadly dinky do!
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Thanks, it's street parking and fire/noise is on the list (its not so much, maybe 12k to do both I've been told by my builder. Water and light might be interesting. I guess we can only ask. It's in Wellington. If I get over 200k I won't do it yet. Cheers for the tips.Free online Property Investment Course from iFindProperty, a residential investment property agency.
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FWIW Britons reckoned 30-40k for a 2-3 month job for their part. So I wonder if I could swing a 30cm raise + 1 new room for 150k in Wellington (excl council and architect). Rent uptick would be 400 pw so it sort of justifies itself...Free online Property Investment Course from iFindProperty, a residential investment property agency.
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I've been given a rough quote of 3k/m2 to lift and build an entirely new two bedroom flat and garage. It would be around 90m2, so plus reconnection etc I reckon it would cost around 300-350k, so I didn't do it. Decided to just sell the house and build new. This is for Auckland.
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Ya, I just want to add a foot of height. So there's a bit of new wall right through, plus one new room which needs to be done from foundations up. CheersFree online Property Investment Course from iFindProperty, a residential investment property agency.
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Originally posted by revdev View PostNot strictly what you are after Nick, but friends of ours had a house lifted in Taupo years ago.
They put in a whole new ground floor and the original (now raised) floor then had fantastic views of the lake. Pretty much tripled the value.
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Shifted and Lifted a smaller 3 bedroom house back on a slopimng section after we had excavated the space and then built a concrete block basement underneath for garage etc. No big deal and not that expensive. Was a few years ago now. But well worth the effort as we created a new section which then had a four bedroom house shifted on.
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Originally posted by Raeburn View PostOh really, well that's interesting. It does seem like a low risk high reward situation.www.PropertyMinder.co.nz
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You have to allow for damage to the house as it is lifted, which is a big unknown.Free online Property Investment Course from iFindProperty, a residential investment property agency.
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Originally posted by Nick G View PostYou have to allow for damage to the house as it is lifted, which is a big unknown.www.PropertyMinder.co.nz
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# Ad Hoc Tenancy Services / Rental Inspections / Terminations and Notices
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