Hi all.
Well we've been rennovating our PPOR for the last year or so albeit slowly, and it's almost all completed now.
A list of things we either did, or had performed, with pricing.
Plunge pool with paving and appropriate fencing $30k
All garden and landscaping works which include a pergola and HUGE garden bed, and landscaping throughout the rest of the gardens $8k (did myself over 1 year period)
Painted exterior $3000
Gyprocked all interior walls $6500 (very cheap, paid cash)
Painted interior ourselves $500 and ALOT of time and effort..
New kitchen, a friend did cash job $7500 (again, cheap) + 2000 fittings
Removed lights in most rooms and replaced with downlights, plus sparkie (friend) $1000
Tiling in kitchen (splashbacks) $600 cash.
New ensuite vanity and plumbing, plus tiling (did ourselves) $500
It will be interesting to have a valuation performed soon, our market has stagnated recently after good growth these past couple of years.
So I finally see we've so far spent $60,000.. Which I didn't even think about up until now. We never 'planned' to do all this wor, it just happened I guess. The past 2 months have been full on though and come to think of it, the only thing we haven't done is replaced any shower screens/showers and have not replaced the vanity in main but probably will now I've got the bug. Its cheap and easy to DIY.
The house looks almost brand new now and is very comfortable, after cleaning up all the mess from gyprockers. It was horrible living in the house while they were working inside because it was a cash job on the side it took them 2 weeks to get it completed and there was rubbish and plaster everywhere!
Our plan was to spend some money on our house, and then pull out what we put in in equity to make it tax deductinble. Works twice for us because we get to live in the house (comfort) and get to utilise tax deductible debt to purchase further property.
Just thought I'd share our little story
Well we've been rennovating our PPOR for the last year or so albeit slowly, and it's almost all completed now.
A list of things we either did, or had performed, with pricing.
Plunge pool with paving and appropriate fencing $30k
All garden and landscaping works which include a pergola and HUGE garden bed, and landscaping throughout the rest of the gardens $8k (did myself over 1 year period)
Painted exterior $3000
Gyprocked all interior walls $6500 (very cheap, paid cash)
Painted interior ourselves $500 and ALOT of time and effort..
New kitchen, a friend did cash job $7500 (again, cheap) + 2000 fittings
Removed lights in most rooms and replaced with downlights, plus sparkie (friend) $1000
Tiling in kitchen (splashbacks) $600 cash.
New ensuite vanity and plumbing, plus tiling (did ourselves) $500
It will be interesting to have a valuation performed soon, our market has stagnated recently after good growth these past couple of years.
So I finally see we've so far spent $60,000.. Which I didn't even think about up until now. We never 'planned' to do all this wor, it just happened I guess. The past 2 months have been full on though and come to think of it, the only thing we haven't done is replaced any shower screens/showers and have not replaced the vanity in main but probably will now I've got the bug. Its cheap and easy to DIY.
The house looks almost brand new now and is very comfortable, after cleaning up all the mess from gyprockers. It was horrible living in the house while they were working inside because it was a cash job on the side it took them 2 weeks to get it completed and there was rubbish and plaster everywhere!
Our plan was to spend some money on our house, and then pull out what we put in in equity to make it tax deductinble. Works twice for us because we get to live in the house (comfort) and get to utilise tax deductible debt to purchase further property.
Just thought I'd share our little story
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