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Buying a wreck

  • 06-11-2014 11:24pm
    #1
    Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 51,690 Mod ✭✭✭✭


    Something myself and the Oh are contemplating is buying something in need of complete renovation, rewiring, replumbing, reinsulation, etc.

    Stuff we are considering:

    1. Do the budget based on three quotes per job
    2. Add on 20% contingency for each job
    3. Get the house weatherproof first
    3. Once weather proof sort out electrics and plumbing before putting in stud walls etc.
    4. As part of planning, consider underfloor heating, thermal pumps etc to reduce long term energy consumption
    5. Consider insulating outer walls as a priority

    Basically we are trying to figure out what we need to do, to get the most energy efficient home from a renovation, and then we will think about the aesthestics.

    Do we sound like we are on the right track?


Comments

  • Registered Users, Registered Users 2 Posts: 3,670 ✭✭✭quadrifoglio verde


    To get the most energy efficient home, you're best of starting from scratch. And while solar/geothermal etc are great in providing "free heat and hot water, they're expensive to buy and complicated machines that need maintenance. No one ever tells you about the maintenance. It's always the savings that get mentioned.
    If you do go down the route of doing a renovation/new build consider the cost to buy vs long term savings. Unless it's fully relaying itself back within a few short years, in my book it's not worth it.


  • Registered Users, Registered Users 2 Posts: 10,627 ✭✭✭✭Marcusm


    Construction & PLanning forum will get you a lot more experienced commentators.


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