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David's Avatar
 
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Anyone try to save a house that should be torn down?

I'm trying to decide if it's worth buying a house that should really be torn down.

I love the location and it's a big lot with plenty of room for a shop or two.

The problem is the house. It was built in 1964 and it's kind of a strange layout that would require the kitchen and all the bathrooms to be remodeled along with a few walls moved.

It would also need new HVAC and a roof and probably a lot of wiring and plumbing.

The price is very good, but not low enough for me to afford to tear down the house and build a new one.

I've tackled some major projects in my time, but I'm worried this might be more than I can chew.

Anyone been down this road?

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Old 04-10-2010, 05:40 AM
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I bought a house built in 1924 that with the exception of some lime green shag carpet that had been added in the 60's had not been touched. It had sat vacant for the 5 years before I bought it when the granddaughter of the original owner died.

But it was very solid (brick english tudor) built in an era when a 2x4 was a 2x4. It had space heaters and window units and completely dated kitchen/baths, very small closets, crumbling plaster walls, etc. I did most of the grunt work myself and on the cheap including gutting the kitchen, building my own cabinets (with the help of my then FIL architect). Farmed out central heat and air which was my biggest expense.

Very rewarding on many levels...but lots of surprises both good (beautiful hardwood floors underneath that shag carpet) and bad (old aluminum wiring on ceramic posts. Ultimately it paid off (sold in our divorce after 7 years and doubled our investment.

Bottom line...always something to do or fix.
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Old 04-10-2010, 06:33 AM
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That house sounds more like a minor remodel project not a tear down. If the foundation is good and the walls and roof is straight without water damage then you might be alright. I would get a good home inspection for sure. The plus is the initial purchase price could get you in and then you do the other projects as time and money dictates, roof excluded.

My house is an old 1880's farm house which has many issues. I went to do some tuck pointing on the fieldstone foundation only to find out the 130 year mortar turned into sand. I ended up jacking up the house and rebuilding the field stone wall by hand. The other walls I am sure are about the same. I need to get an action plan together for that.

Speedy
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Old 04-10-2010, 06:34 AM
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Can you live there as is for 1-2 yrs? Could you live there while the work is being done? Can you the work yourself? Do you have time/want to do the work? If not I would pass.
Old 04-10-2010, 06:55 AM
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I think just about every house built between 2004 and 2008 should be torn down, but that's just me.

As has been said above - old houses (very old ones, pre-WW2) have a lot of character and charm. They were built to last and while they certainly will require work, they're (IMHO) a lot more rewarding than selling onesself into indentured servitude for a plastic modern McMansion.

The obvious issues are energy efficiency and certain types of hazardous materials (lead-based paint, asbestos, now there's a lot of chatter about PCBs, etc.)

I hope someday to pick up an older place and restore it - probably just as financially foolish as fixing up old clunker Porsches, but it's something I believe one does out of love, not a desire to be financially logical.

Be careful what you're getting into and think long and hard about it. I guarantee an older place will require you to throw a lot of money into it (and labor). If you don't like pulling wire, reworking plumbing, getting filthy in crawl spaces and scratched to hell by old rusty nails, I'd probably not do it. But if you (like me) are the kind of person that's willing to go through hell and lots of effort because of irrational passion, then it might be the kind of thing you'll find enjoyment (sick and twisted, masochistic enjoyment, but enjoyment nonetheless) in doing.

Best of luck - if you go this road, definitely keep us posted. I love seeing/hearing stories of nice older buildings restored. I enjoy historic preservation work but hardly ever get a chance to get involved with it anymore. Everyone wants to remodel crappy 15-year buildings that were built 30 years ago these days but as long as they keep throwing good money after bad, it's paying my bills...
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Old 04-10-2010, 07:02 AM
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I have done some extensive renos myself on a 50s bungalow.

If I had to do it again, I would have torn it down to the floor deck and started over. Too much time involved, but the result is a very livable floor plan. I enjoyed doing the work and only jobbed out some things I didn't want to do.
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Old 04-10-2010, 07:28 AM
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My plan would be to live in the house I'm in now for a year or two while fixing up the other house.

I just finished a kitchen remodel on my current house which included removing a load bearing wall and installing a beam and column. I built new cherry cabinets for the kitchen remodel and I doubled the size of my current garage. So I have a bit of experience with big projects, but this would be my last project times 10.

I would probably sub out a lot of stuff like sheet rock, painting and tile and just handle the critical stuff myself like plumbing, wiring, and moving walls. I would also have someone else build all the cabinets, I might finish them though.
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Old 04-10-2010, 07:55 AM
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[QUOTE=125shifter;5287486]My plan would be to live in the house I'm in now for a year or two while fixing up the other house.

IQUOTE]

Said the guy who told me "every project I ever start takes at least two years"

Are you going to move the pool ?? LOL
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Old 04-10-2010, 08:03 AM
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Why would you sub out sheet rock, painting and tile? They are all easy, and get easier with practice. Don't think about the whole project at once- start with a small bathroom for practice and confidence and work from there. Given what you said you did with the kitchen, sounds like this is very doable for you. Ask folks a lot of questions, and good some books, and you will be in good shape. 1964 isn't that old for a house, so you can work with most of the plumbing and wiring you have. I have done one this way, and am starting another. Almost as rewarding as working on old Porsches!
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Old 04-10-2010, 08:05 AM
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David, and to think I am sweating over buying a scooter!

You'll do fine.
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Old 04-10-2010, 08:25 AM
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I bought a meth house in so cal and basically had to take it down to bare walls inside, it gave me a great opportunity to install insulation, house speakers, internet, updated phone and automation capabilities. Like Chuck said I started in the small bathroom in the center of the house. I ended up re doing that bathroom when I finished the rest of the house because I got a lot better at all that stuff and was not happy with it and my new skills. Good luck!
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Old 04-10-2010, 08:27 AM
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Quote:
Originally Posted by 9dreizig View Post
Said the guy who told me "every project I ever start takes at least two years"

Are you going to move the pool ?? LOL

My speed at finishing projects is my biggest fear. On the other hand I wouldn't have all the distractions that I have when I'm home.

The house has a pool, but I don't know if it's salvagable.
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Old 04-10-2010, 08:33 AM
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Hey I'm heading down a week from tomorrow will be in on Sunday afternoon.. Is Helmethead's car ready for a thrashing ??
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Old 04-10-2010, 08:38 AM
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Quote:
Originally Posted by BRPORSCHE View Post
David, and to think I am sweating over buying a scooter!

You'll do fine.
Don't buy a fagio.....



If its what you want to do... You can do the work... and you get a decent deal... Why not? Its only a little time and a lot of money.......
Old 04-10-2010, 08:45 AM
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-If you consider yourself somewhat-experienced with projects but think that this one might be more than you can "chew", then my advice would be to just tear it down. This will raise your costs about $5k, plus or minus, but then you will be able to build the house you want and not have to live in a place that will invariably wind up a collection of compromises.

N
Old 04-10-2010, 08:45 AM
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I'm in the middle of a 1927 bungalow right now. We couldn't afford to live someplace else and tear it down, so we're renovating room by room as we have money. Windows and AC are definitely the biggest expenses, but electrical, plumbing, and redoing the attic are no walk in the park either.

If I had it all to do over again, I'd either get an even older house, or a much newer one. 80 years old just isn't old enough to really get respect on a renovation. 70 years from now, it'll be a cool old house, but only if we're really meticulous on our work, and we really can't afford to do it that way. Renovation is just such an awful lot of work, and it's really expensive to pay other people to do it.

In your situation ... it was built in the 60's. You won't get any respect for a period-correct 1960's house until 2110, which means the renovation just isn't worth it. If I was you, I'd bulldoze that sucker into a hole and start over. Sorry.

Dan
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Old 04-10-2010, 10:00 AM
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You mentioned it needs a new roof, but you don't say you think it's been damaged structurally because of that. Those are the type of houses that should be torn down.

Have it checked for termite damage.
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Old 04-10-2010, 10:50 AM
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I just went by and looked at it with a contractor buddy. He said it's doable, but a major project. He recommended pulling all the sheet rock, rewire, replumb, move walls, and then sheet rock.

I could end up with a decent floor plan. The main concerns are it would only have 8' ceilings in most of the house, and two rooms have been added to the back of the house and the roof over the additions look to be about 2/12 pitch.
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Old 04-10-2010, 11:56 AM
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Quote:
Originally Posted by 9dreizig View Post
Hey I'm heading down a week from tomorrow will be in on Sunday afternoon.. Is Helmethead's car ready for a thrashing ??
He started it a few days ago and it started first try!!!

I think the Motec needs a little more tuning before he really gets on it hard.
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Old 04-10-2010, 11:57 AM
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Quote:
Originally Posted by 125shifter View Post
I'm trying to decide if it's worth buying a house that should really be torn down.

..........Anyone been down this road?
You might be able to tear it down to the platform floor or ground slab and use the existing footprint/foundation as a starting point.

I ran into a problem in a poor soil area on a lake when doing this. We ended up putting about $20,000 of helical piers under the foundation to support the second floor addition.

Also the existing home may not meet current setbacks, which could lead to ZBA approval process.

Have the foundation checked out, you do not want to get into fixing serious cracks, adding new foundation tile drains, water proofing and foundation insulation.

You may want to pay a few hundred bucks to have a structural engineer or architect look at the foundation with you.

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Old 04-11-2010, 08:13 AM
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