Greetings...
First of all I have been in the construction industry since I was 17. This being my first post I hate that it takes on a personal nature. I have a situation that I am not sure what to do with. My father built a "structure" in the mid '90's to run a small engine shop out of. He made two mistakes...
1) he hired his father-in-law as the contractor.
2) He didn't get it past the town hall.
He had a neighbor lady convinced that he was going to start building airplanes in it. To make a long story short they told him no, and he thumbed his nose at them and moved in it as a residence. His wife has decided she's tired of waiting to finish it and wants rid of it, so they have bought a new house. I've recently gone through a divorce and have been living in it for a while. They want me to buy it at the price of a finished home in the area. While I realize that you cannot comment on what it would be worth I am looking for validation on some of my concerns. At this point the condition of the house needs to be reviewed:
1) It is located in middle TN.
2) It sits on 1.5 acres.
3) It is 24'-0"x48'-0" and built of rough cut poplar.
4) The roof is metal sitting on 1x4 slats @ 16".
5) There is not ridge vent ( he used thin smooth metal to "cap it off")
6) It is ballon framed (that's the term I have always heard anyway...There is a full two story length stud with a 1 story length stud that the floor joist sits on). The second story has 4'-0" side walls and is "sloped / cathederal" to finish ceiling height.
7) 85% of the drywall has been hung.
8) 30% of the drywall has been finished and painted.
9) Two rooms are completely minus finish flooring
10) There is one bathroom that is useable (floor, drywall finish, and paint would complete it)
11) It has no finsihed flooring
12) It's on a turned down slab that has moisture issues and has been sealed
13) He has most of the vinyl siding but only about 20% hung
14) The stair case is metal, and needs to be replaced
15) There is no fascia, ergo no gutters down spouts etc.
16) the chimney needs to be torn down and replaced....and the list goes on.
Okay...that's the general description of the house, and there are still more issues. My first question, will rough cut lumber pass codes? Can it be insured? Can I get a certificate of occupancy? What do you use as an hourly charge for estimating? Is it worth trying to finish or should I hire a dozer?
Thanks
First of all I have been in the construction industry since I was 17. This being my first post I hate that it takes on a personal nature. I have a situation that I am not sure what to do with. My father built a "structure" in the mid '90's to run a small engine shop out of. He made two mistakes...
1) he hired his father-in-law as the contractor.
2) He didn't get it past the town hall.
He had a neighbor lady convinced that he was going to start building airplanes in it. To make a long story short they told him no, and he thumbed his nose at them and moved in it as a residence. His wife has decided she's tired of waiting to finish it and wants rid of it, so they have bought a new house. I've recently gone through a divorce and have been living in it for a while. They want me to buy it at the price of a finished home in the area. While I realize that you cannot comment on what it would be worth I am looking for validation on some of my concerns. At this point the condition of the house needs to be reviewed:
1) It is located in middle TN.
2) It sits on 1.5 acres.
3) It is 24'-0"x48'-0" and built of rough cut poplar.
4) The roof is metal sitting on 1x4 slats @ 16".
5) There is not ridge vent ( he used thin smooth metal to "cap it off")
6) It is ballon framed (that's the term I have always heard anyway...There is a full two story length stud with a 1 story length stud that the floor joist sits on). The second story has 4'-0" side walls and is "sloped / cathederal" to finish ceiling height.
7) 85% of the drywall has been hung.
8) 30% of the drywall has been finished and painted.
9) Two rooms are completely minus finish flooring
10) There is one bathroom that is useable (floor, drywall finish, and paint would complete it)
11) It has no finsihed flooring
12) It's on a turned down slab that has moisture issues and has been sealed
13) He has most of the vinyl siding but only about 20% hung
14) The stair case is metal, and needs to be replaced
15) There is no fascia, ergo no gutters down spouts etc.
16) the chimney needs to be torn down and replaced....and the list goes on.
Okay...that's the general description of the house, and there are still more issues. My first question, will rough cut lumber pass codes? Can it be insured? Can I get a certificate of occupancy? What do you use as an hourly charge for estimating? Is it worth trying to finish or should I hire a dozer?
Thanks