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  • 11-02-2019 4:18pm
    #1
    andreac
    Registered Users Posts: 8,000 ✭✭✭


    We are in the process of looking at possibly buying a house that is in need of extensive modernisation and extending also. At the very early stages at the moment (just had a look, no bid put in).

    What would the first thing we should do? We are hoping to get a rough idea of how much it would cost to renovate and possibly extend the house before we put in a bid etc. Or can we put in a bid and wait until it (hopefully) is accepted and then start doing our homework?

    Is it an Architect, or an engineer etc? This is all new to us so would be very grateful of the advice.
    We aren't sure if it would be worth the hassle of the renovations etc if the costs work out too much. It's currently at a good price and location is amazing for us, as long as the other costs wouldn't be too crazy.

    Thanks in advance :):)


Comments

  • #2
    f@steddie
    Closed Accounts Posts: 68 ✭✭f@steddie


    andreac wrote: »
    We are in the process of looking at possibly buying a house that is in need of extensive modernisation and extending also. At the very early stages at the moment (just had a look, no bid put in).

    What would the first thing we should do? We are hoping to get a rough idea of how much it would cost to renovate and possibly extend the house before we put in a bid etc. Or can we put in a bid and wait until it (hopefully) is accepted and then start doing our homework?

    Is it an Architect, or an engineer etc? This is all new to us so would be very grateful of the advice.
    We aren't sure if it would be worth the hassle of the renovations etc if the costs work out too much. It's currently at a good price and location is amazing for us, as long as the other costs wouldn't be too crazy.

    Thanks in advance :):)

    Do not put any bids in until you have some ballpark figure for the renovation work or the availability of builders.

    Best suggestion is to get a local builder to price up the work. Be willing to pay for this assistance. It will be money well spent.

    Also - it's very hard to get builders for jobs. There is a lack of skilled tradesmen. Would you be ok to wait months before being able to start the renovation?


  • #3
    andreac
    Registered Users Posts: 8,000 ✭✭✭andreac


    f@steddie wrote: »
    Do not put any bids in until you have some ballpark figure for the renovation work or the availability of builders.

    Best suggestion is to get a local builder to price up the work. Be willing to pay for this assistance. It will be money well spent.

    Also - it's very hard to get builders for jobs. There is a lack of skilled tradesmen. Would you be ok to wait months before being able to start the renovation?

    Thank you for the reply. You are the second person to mention about getting someone to do the work, so that might have an influence on whether we would go ahead with the purchase.

    Yes, we are lucky that we have a house to live in until we get the work done, if we did go ahead with it.

    But would i need to show a builder some plans first or just get him to pop out and have a look and give him an idea of what we are looking to get done?
    Thanks


  • #4
    f@steddie
    Closed Accounts Posts: 68 ✭✭f@steddie


    andreac wrote: »

    But would i need to show a builder some plans first or just get him to pop out and have a look and give him an idea of what we are looking to get done?
    Thanks

    Depends on the extent of the renovations but I would expect in most cases popping out to have a look would be sufficient.


  • #5
    andreac
    Registered Users Posts: 8,000 ✭✭✭andreac


    f@steddie wrote: »
    Depends on the extent of the renovations but I would expect in most cases popping out to have a look would be sufficient.

    Ok perfect. Appreciate the reply.


  • #6
    Samuel T. Cogley
    Registered Users Posts: 10,684 ✭✭✭✭Samuel T. Cogley


    If you're buying with the benefit of a mortgage check to make sure the house is in a mortgagable state. How you do that is another matter but it's something to bear in mind and something we ran a foul of.


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  • #7
    the_syco
    Registered Users Posts: 37,295 ✭✭✭✭the_syco


    andreac wrote: »
    We are in the process of looking at possibly buying a house that is in need of extensive modernisation and extending also.
    That puts in image of an old cottage into my head, for some reason :D

    As said, skilled tradesmen are in short supply, as many have left the trade or country when the work dried up. So be aware that things may drag. My next door neighbours are getting their bathroom done. Seems work started off very well, but it's been on hold for a few weeks; I'm guessing lack of a certain tradesmen is the reason.


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