Sunday 24 March 2013

Assessment

A year & a half into the Fray:
Purchasing in the most desirable neighbourhood in Saskatoon was a no-brainer. Worst house on the best block (due to strange cosmic twists of availability) true to Profitable Real Estate 101 guidelines. Although renovations stresses are high while we rehab this ole beauty... the investment is looking like a relatively sound one, that is as long as the Province continues it's trend of plundering resources like it's going out of style (hanging head in shame, here... Canada... y u so bad guy? *sigh*).














On the left, we have 2009 values assessed @ $262,900 (after the 2006 boom).
On the right, 2011 values assessed @ $520,200 (before purchase/renovations).

We hate to talk about dollars & cents publicly, but want to log the facts for preservation. Don't hold it against us. Looks like we are almost on track with those important Structural and most-influential/expensive renovations taken care of (pending Up Bath). Good, because we're sooooooooooo damn broke! Ha......... ha........ oh.

Future Goals:
Well... we're pretty focused on present goals... but the end result will dear god hopefully eventually look like this (from where we started):

Type: Residential
Style: Single Family, 2 1/2 storey
Bedrooms: 4 + loft
Bathrooms: 3 full
Garage: Double detached
Basement: 1 bedroom Suite
Size: 1,923 sq.ft.
Year Built: 1919
Description: Beautifully renovated charming character home in prime Nutana location, walking distance to University of Saskatchewan, Broadway shopping district, and river. Chef's kitchen, Library, Formal Dining Room, main floor Bath and Laundry, 3 Bedrooms and Bath on 2nd storey, and spacious Loft on 3rd storey (5th bedroom). Energy upgrades include 200amp electrical, solar grid, tankless water heater & hi-efficiency furnace, upgraded insulation, doors and windows. Features Hardwood floors and 9' ceilings on main and 2nd floor, natural gas fireplace in Living Room, a/c and alternative cooling ventilation system, and restored exterior facade. Yard boasts professionally designed permaculture-based landscaping, and an insulated double Garage with wood stove and Greenhouse with amenities that meet Garden-Suite codes. Bright and modern 1 Bedroom legal Basement Suite with soundproofing, Laundry, separate entrance, and patio renting @ $1250/mo. Basement also has access to shared Laundry, Utility, Rec Room, 4th Bedroom, and wine cellar. 

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