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Viewing 8 posts - 1 through 8 (of 8 total)
  • Profile photo of cowenancowenan
    Participant
    @cowenan
    Join Date: 2010
    Post Count: 11

    hi there pks

    the building cost with chatsworth was $160k.  this included design, planning, permits then demolition (removal of all interior walls and roof) adding a second story with 3 bedrooms and a bathroom upstairs and a void through to the ground floor.  it also included turning a bedroom on the ground floor into a WIR and ensuite.  and removing essentially all existing internal walls and beaming over to create a large open plan living area. as well as replastering the entire existing house. 

    however, the total cost to completion was closer to $280k.  the additional cost was made up as follows.  restumpting $5k, new kitchen (applicances, ceaser stone etc) $25k, electrical througout ($9k), rendering (second story was made of poly and the ground floor brick was also rendered) $8k, replaced all existing windows with new windows and added additional windows and double doors $13k. bathroom (2) fitout $6, tiles $3k, new carpet $6k, floating floor $6k, large deck in the rear $6k, painting $2k (did this myself so it was just cost of paint), new gutters and spouting for existing house ($2k), new plubming gas etc. 

    as you can see the cost adds up! my budget was about $220k so $280k i guess isnt too bad as i upgraded the quality of alot of things (eg kitchen, floors etc). 

    also still need to do the driveway and fence so probably another $20k for all that……

    Profile photo of cowenancowenan
    Participant
    @cowenan
    Join Date: 2010
    Post Count: 11

    hi there i did go ahead with the second story option.  went with a company called chatsworth constructions in melbourne.

    Profile photo of cowenancowenan
    Participant
    @cowenan
    Join Date: 2010
    Post Count: 11

    thanks for your responses.  can anyone refer a reasonable priced draftsman in the south east of melbourne

    Profile photo of cowenancowenan
    Participant
    @cowenan
    Join Date: 2010
    Post Count: 11

    murrumbeena and carnegie.  murrumbeena borders on east malvern (which is ridiculously unafordable) so its only a matter of time before it pushes us neighbouring areas

    Profile photo of cowenancowenan
    Participant
    @cowenan
    Join Date: 2010
    Post Count: 11

    try a different bank

    i just bought a property. CBA valued it at $800k and NAB valued the same property for $710k.  Big difference

    i also work for bank (in investing not lending) and i regularly refer clients to a morgage broker.  and yes banks are being more conservative (i know clients who have had valuations done by St George recently that were way below comparable sales)

    Profile photo of cowenancowenan
    Participant
    @cowenan
    Join Date: 2010
    Post Count: 11

    if it was done that long ago it may be exempt under a statute of limitation

    Profile photo of cowenancowenan
    Participant
    @cowenan
    Join Date: 2010
    Post Count: 11

    hi and thanks. yes the builders cost of $500 doesn't include supplied plans. just their own which they talked through with the costings etc. 

    how much should i pay from a draftsman for:

    1. plans
    2. engineering

    etc
    i have been given one quote for plans which was $2300 for plans and $2000 for engineering

    Profile photo of cowenancowenan
    Participant
    @cowenan
    Join Date: 2010
    Post Count: 11

    yes i would recommend sticking to carpet in the bedrooms.

    most new townhouses and apartments all have carpeted bedrooms

    i have also lived in houses that have floor boards throughout and i found it annoying as you have to get rugs for the bedroom floors

Viewing 8 posts - 1 through 8 (of 8 total)