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basement financial update

October 24th, 2017 at 01:51 pm

Well we added a few things to the basement repair. Another $8500. That means we are up to around $60k at least? We were at $52k including all tax. And I'm pretty sure we have another change order and more money going out. This is on top of the $3700 for garage doors. So we are at least out $65k. Wow my initial $75k budget is looking pretty close to target. Also we're not finishing by Thanksgiving although they did say for sure Christmas. So my initial estimate of Christmas seems appropriate as well.

The new windows are almost all installed except for the bathroom. The contractor ordered the wrong window without frosted glass so it's on him to reorder it. I didn't do anything with the window order.

I did however score an extra 5% off my garage doors in the form of a Costco cash card because I ordered my doors 9/29/17 and on 10/2/17 the sign went from 10% cash back card to 15% for the month of October. So I called and asked for my extra 5% back. I got it and scored another $100. Which okay in the grand scheme of things isn't a lot, but it made my day.

Things that have changed during our renovations included a rotted shower in the bathroom so new framing needed entirely and a tile floor for shower instead of shower pan. Rotted supports under the stairs that needed replacing. Moving a support for the door that we didn't know was there. Opening the walls and realizing there was minimal insulation so we asked they fully insulate the house. Replacing the water heater, which we thought they knew we wanted and quoted us, they didn't but then they are doing it. Adding the cabinets to the laundry we were going to have done by someone else but they ended up doing it is the $8500. I haven't mentioned every little thing but you can see how it quickly adds us.

Of course we aren't done yet. Let's see if we can stay within the $75k I budgeted it's getting close and I'm stressing out with the timeline.

2 Responses to “basement financial update”

  1. snafu Says:

    No matter how much you stress, it will not change the costs to come and elongated timeline. You may as well go for a walk, enjoy sunshine and give yourself good endomorphs. Take pleasure in the rest of the house that isn't affected by reno and keep telling yourself how much you'll enjoy all this new, create for you, added square footage.

  2. rob62521 Says:

    Hang in there. You will be happy when it is finished. Just don't get so stressed you make yourself sick and won't be able to enjoy it when completed.

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