Hi All,
My partner & I are thinking of buying our first home. Been looking for months and finally a deal comes along. It’s within our price range & close to hubby’s work but problem is house is 50+ yo and made of fibro & tile. I’ve read that these materials are notorious for containing asbestos.
i’ve also read somewhere in this forum that the most economical way to deal with it is by covering the fibro with gyprock (internal) and wheathertex (external)? does anyone know how much would it roughly cost? house is about 13x20m2
and will leaving the asbestos in affect the re-sell value in the future?
any advice would be very much appreciated!
I have a house very similar to what you describe. The kitchen, laundry and bathroom were all lined with asbestos. As a home owner you can remove some asbestos yourself, but you need to do your reading and take the propper precautions. As we renovated each room I removed it, double wrapped it and then disposed of it legaly. Once the inside is finished I'm going to start on the outside and clad the house in a combination of colourbond and ripple iron. I've seen it done to great effect and I'm happy to just take my time and to one wall at a time. Beats watching TV and I can also insulate the walls and sort out any wirring issues as I go.
A mate of mine, who is a builder, also advised me that it is illegal to cut, drill through, or cover over asbestos. I'm not 100% on this, as the houses being clad in my suburb seem to break all these rules! Personaly, I'm happy to remove it a little at a time and have the house free of it. I do kick the family out when I'm doing the work and clean up thoroughly at the end. It would not stop me buying a house in future, but will definetely effect the price I'm willing to pay.
Hope that give yous something to think about…
Asbestos is part of buying a home that has a little age, Out of 9 of my properties, 3 do not have asbestos. So your options are sit on the sideline or accept that this is what people used to build homes prior to the "80's". The value is in the land not the property. The land is what makes you money over the long term. As mentioned above, just take care when renovating or like.
Yes, always take precaution when dealing with those. You should consult first before you do it yourself.
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