This property was acquired in May of 2016. This was an exciting purchase for us for a number of reasons. First of all, it is our first redevelopment project. Secondly, this property is full of charm and so much potential. The terms of the acquisition did not allow us to view the inside of the property until we closed on the property.
The house is zoned residential in a quite residential neighborhood. The 1920 victorian style home has a beautiful front porch, a double lot, and a breathtaking view of the Susquehanna river from the back patio and the master bedroom.
- Bedrooms: 3
- Bathrooms: 1.5
- Number of stories: 3
- Lot size: 8,712 sqft
- Zoning: Residential
- Parking: 1 car garage and additional off street parking in rear
- Public utilities: Water / Sewer
- Roof: Shingled
- HVAC: Oil (radiated) / No air-conditioning
- New HVAC system with propane heat and central air-conditioning. Requires running ductwork throughout and removing the existing heating system.
- Repair and install new shingles on the roof
- Remove old siding and install new siding
- Re-finish the hardwood floors and install tile flooring in kitchen and bathrooms
- Completely demo existing kitchen and install redesigned kitchen including new appliances
- Relocate laundry to first floor off of kitchen
- Create a new half bath on first floor off of kitchen
- Turn existing half bath on the second floor into a full bath
- Modify existing full bath to become an ensuite to the master bedroom
- Create a walk-in closet for the master bedroom
- Make landscaping improvements
- Repair and update front porch
The most unanticipated expense for this project is the installation of the new HVAC system. Upon gaining entry into the house, we found that the radiators of the hot water system were cracked due to the water in the system freezing over the winter while the house was vacant. This meant that all of the radiators would need to be replaced or install a new system. The decision was made to install a new HVAC system, which requires running new ductwork throughout the house. This will give the house the benefit of central air conditioning and a propane heating system. There are plans to install natural gas lines throughout the town in the near future and the propane system could be easily switched over to tap into the natural gas line once it is available.
Overall, after inspecting the home and developing the improvement plan, we are confident that the transformation of this home is going to be nothing short of amazing. Once the redevelopment is complete, the family that purchases this home will own a house that neighbors will be envious of. Our mission is to ensure quality craftsmanship and attention to details on all of our redevelopment endeavors. Learn more about us by visiting www.iHeartRehabbing.com
Are you ready to buy or sell a home? Do you have questions about residential redevelopment? That’s great! We would love you hear from you.