Friday, October 11, 2013

Part Two of Remodeling Work is Done & the Numbers...Yikes!


And here is the inside of the living room on June 27th,  BEFORE we began the renovations.......



And here is the only photo I can find at the moment of my dining room in the BEFORE state.  This is from a previous pre-Christmas season when I was heavily into decluttering via eBay and my dining room is "shipping central"........



And here are the in progress shots, first with the walls/ceilings painted.....




Then with the new flooring......




And now with the heating and a/c sytem in place, the mouldings done and all the thresholds and outlet/switch plates back on the walls.....


The only thing left to do is to change out the dining room chandelier and put furniture, rugs, lamps and d√©cor into the rooms.

And to figure out how to arrange the furniture in the living room part as it's a tricky L shaped deal.


The original estimate by the Handyman Co. for all BUT the heating/air system and flooring supplies was $9,640.00.

We did the painting ourselves and didn't do the entire downstairs and the upstairs hallway/stairwell, saving the $3185.00 the Handyman Co. wanted to do that.  (The amount of painting we did in reality saved us about $1200.00 since we didn't do every room the Handyman Co. would have done.)
We got the flooring job(labor)down from the $3010.00 they initially quoted us to $1,875.00(which was lower than Lowe's wanted to lay the flooring).
In total, the Handyman Co. costs came in at $5,793.00 which was $3,847 lower than their initial estimate.



As for the money........sigh.......

We went into this escapade with the 2012 Savings Challenge monies I had saved last year as our funding source.
That amounted to $28,907.08.

Here is where the money was spent........

A/C & Heating System Total.....$12,616.15

All other Repairs/Renovations......$6,862.32
 Handyman......$5,793.00 (includes labor and some supplies)
 Flooring...........$710.03
 Paint.................$108.10
 Moulding.........$224.72
 Misc. Supplies...$26.47

*Total Spent...........$19,478.47

Supplies Paid on Gift Cards......$279.78
Total Paid from Savings Challenge 2012.....$19,198.69

Monies left in 2012 Savings Challenge fund....$9,708.39

The Great Summer Road Trip of 2013 will also be drawing $ from this fund(and I'll reveal all about that during the coming weeks after I post about the Road Trip of 2013 Saga), but I am hopeful that after the Road Trip cash is moved out of that fund we will be able to keep our hands off what is left in that fund until the end of 2013, when it will become permanent savings and transferred into the Permanent Savings Account.

Yes I am going to try to decorate and furnish these rooms out of normal paycheck monies as they come into our checking account instead of continuing to deplete that Savings Challenge fund.
So it might take me awhile to finish furnishing those rooms.

We completed this project a bit frugally by--
Using gift cards bought last year for some supplies.
Doing the painting ourselves.
Waiting for a great deal on paint.
Shopping around for mouldings to get the best price and then painting it ourselves.
Making the Handyman Co. compete on price with Lowe's to lay the flooring.



The rooms are ready to decorate and furnish now and I can close the books on the Great Renovation of 2013.  8-))

Sluggy
 

8 comments:

  1. It looks magnificent, Sluggy. Enjoy it well.
    I can't get over, however, how expensive everything was. Wow! But you saved for it, paid in cash and now, it's done. Congratulations!

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  2. Good job!!! I'm so jealous of your wood floor! After several dogs and kids who don't care, ours looks like carp. crap. I can't wait to replace the carpeting and the wood flooring. and the hallway linoleum. and the paint....

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  3. Wow, looks great! I am betting you'll get your money's worth with the HVAC work -- my husband raves about those units.

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  4. Everything looks amazing.
    I hate to part with money too but I think you got a lot done for the money spent. So do you have a plan for when you might sell it?

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  5. It looks great! Good job on doing it for less.

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  6. You did well. IT looks beautiful.

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  7. We have the same dining chairs but then great minds do think alike! love the new floors and you will also. Please go easy on those feet of yours for a few weeks.

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