Making a flooded home livable again on a budget - Please help!

Discussion in 'General Home Improvement Discussion' started by fluent, Feb 16, 2013.

  1. Feb 16, 2013 #1

    fluent

    fluent

    fluent

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    Hello everyone!

    My family is seriously considering buying a property that was in a flood. The house is an old house built in 1900, 3000 sq. ft property. The flood water rose to 3 feet in the downstairs only.

    Here is the deal, we need to do a few things to make the house livable again. We have to:

    Replace the walls from 3 feet and lower in most of the downstairs
    Re-wire the downstairs and get a new 200 amp box
    Add a toilet to the existing laundry room
    Carpet the floors and add linoleum-like flooring in kitchen and mud room
    If we have enough money left over, possibly build a small island in the kitchen
    And lastly, we may need new plumbing in the downstairs but we're not sure yet.

    Here's the thing, our budget is around $25,000, possibly $30,000 if we get the house cheap enough. We haven't gotten any estimates yet, and we plan on doing that, but I'm just wondering what you people thought about doing all that work with that type of budget.

    Is it feasible to pull this off with a $25k budget? We live in PA where prices are not as expensive as some places.

    Any help would be greatly appreciated. If you need any more information feel free to ask. Thanks!
     
  2. Feb 16, 2013 #2

    JoeD

    JoeD

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    It might be feasible if you are doing most of the work yourself. I can see materials alone eating up a good portion of that budget.
     
  3. Feb 17, 2013 #3

    kok328

    kok328

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    With all the newer homes on the market for real cheap, I personally don't understand why anyone would want to put themselves through all this; especially with a house this old. I would keep looking for something a little more "turn-key".
     
  4. Feb 17, 2013 #4

    JoeD

    JoeD

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    I tend to agree. Also if it flooded once that means it is in flood zone. It could easily flood again.
     
  5. Feb 18, 2013 #5

    Fireguy5674

    Fireguy5674

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    If it is in a flood zone check to see what flood insurance will cost because if you barrow any money your mortgage holder will require it. Flood insurance can be very expensive.
     
  6. Feb 18, 2013 #6

    nealtw

    nealtw

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    Kitchen cupboards would kill your budget, they will have to be pulled. I agree with others here move on.
     

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