The Motley Fool Discussion Boards
Personal Finances / Credit Cards and Consumer Debt
|Subject: Re: January ThyPeace Update||Date: 1/8/2013 8:33 PM|
|Author: joelcorley||Number: 306667 of 310533|
You wrote, Only $39k?
Well I did say it was it was relatively minor, yes?
Of course in some parts of Texas and Oklahoma I could buy an entire house for that. Land is fairly cheap there and the building industry there is full of (relative to here) low-cost labor, much of it from south of the border. Buying a plot of land and building new for $100K or so isn't that uncommon in North Texas.
In any case, my "renovation" originally only involved fixing one minor structural issue. Some idiot had cut through a floor joist in the crawlspace and failed to support it. Originally it was just supposed to be paint throughout (including refinishing a built-in bookcase in the library), a new stair-rail cap, rerouting some duct work and addressing a few other minor issues. Nothing major at all - just prepping a house for move-in that hadn't been quite "turn-key" ready.
I didn't buy this house for