PROPERTY SIX RENOVATIONS - The Plan Part One

The upper unit of Property SIX is (finally) about to be significantly overhauled via extensive renovations!

We have approx $24,000.00 budget set aside... but we do also have a significant cushion in case of contractor 'overages'.

Mandatory renovation requirements are as follows:

1. Those who did the concrete work at the front of the home offered to replace the side of the driveway... We will now take them up on this offer as we now must correct the structural deficiencies such as the foundation by the driveway. Water is sloped towards the home, this needs to be rectified to avoid further basement water damage. Find out quote from grant, then ask concrete contractor to see if they can do everything including full stamped driveway and concrete side platform for the grant estimation... Throw in extra work for lower cost too (Property SEVEN). Depending on the cost, we may be able to have the stamped concrete continue into a full driveway.
2. The upper unit warped hardwood flooring must be replaced. Must use a light colour hardwood flooring as light coloured flooring makes the place look more spacious as opposed to dark flooring.
3. New bathroom MUST be gutted and new shower installed that doesn't leak.
4. New plumbing must be done properly and to code.
5. Toilet must be lowered & ceiling on main floor must be lowered slightly to make the upper unit toilet level with new floor.
6. A gutter-like trench must be dug at side of home with all the weeds removed.

Great ROI Bang-for-the-Buck renovations to be completed with remaining funds:

1. We will be buying two brand new beautiful front doors. New top-of-the-line door handles to be installed.
2. New light fixtures to be installed in upper unit throughout & new ceiling fan. Costco has semi-flush lights on sale for $30.00 each...
3. Brand new windows throughout the entire property to replace old nonfunctional windows. Installed by the person who previously installed the three kitchen windows? Bay window to be converted to three new windows at front.
4. Ikea kitchen in upper unit to be added for cheap. Labour provided by our reliable and very experienced handyman who charges roughly $25 an hour. Ikea Island to be added in new flooring for extra cupboard space for tenant.
5. New backyard sliding door to be added.
6. Property to be significantly weeded and trimmed while taking out some unnecessary bushes which are trapping moisture against the structure, where canal is to be dug.
7. Take down sides of side deck & remove precast concrete rails, or just remove the concrete steps and build wooden matching steps and stain them.... Or just take it all down and create a concrete platform like the front (see mandatory renovation requirement repairs point one above).