OP
Sigarms
Super Star Member
Believe me, the house REALLY needs renovating. This is the master bathroom.
riptides
Super Star Member
Retro is making a comeback.
OP
Sigarms
Super Star Member
Not in our house it is LOL
You can see the master bathroom in the window to the left of the toilet. We're losing a wall to increase the space of both bathrooms, and the master will cut into this one.
ericm979
Super Member
Oww, my eyes!
quicksandfarmer
Elite Member
I don't want to sound like I'm bragging, but I think my shoulders are broad enough that I'd have to turn sideways to use that toilet.
riptides
Super Star Member
That is money.
OP
Sigarms
Super Star Member
If you're referring to renovations, you're absolutely correct.
Both bathrooms are totally stripped now down to the studs except for the existing piping.
Pretty much new plumbing per piping is being replaced and then set according to where the new showers, toilets and sinks will go. We're losing a hallway to increase the bathroom space between the two bathrooms (to increase the master bathroom size. Stackable washer and dryer going in the guest bathroom so laundry can be done on the first floor instead of the unfinished basement.
Basically an entire gut job including exterior.
Thus the reason why I wasn't as enthused as my wife when we went down this path
MossRoad
Super Moderator
- Joined
- Aug 31, 2001
- Messages
- 65,590
- Location
- South Bend, Indiana (near)
- Tractor
- Power Trac PT425 2001 Model Year
I disagree.
Home equity loan they hand you a lump sum and you have to start paying it back with interest immediately every month.
HELOC you only have to pay interest on what you draw against, until it comes due, then you start paying monthly like a mortgage for 20 years (or whatever the agreement). So if you don't draw anything, you don't pay anything. If you draw $10k, you could only pay interest on the $10k until it comes due, then take 20 years to pay it off, or, you could pay it all off tomorrow. It's a lot more flexible.
I'd much rather have a $100K line of credit if I need it and make no payments, than take out $100K and have to start paying it back with interest immediately.
They serve different purposes.
MossRoad
Super Moderator
- Joined
- Aug 31, 2001
- Messages
- 65,590
- Location
- South Bend, Indiana (near)
- Tractor
- Power Trac PT425 2001 Model Year
Our heloc had a card. So for the most part, it WAS a checkbook. Just made of plastic instead of paper. We called it "the big card" and kept it locked in the gun safe.I guess we could do that (we basically have a checkbook), however, it's only going towards the new home and renovations. That's what's in our budget
Besides that, to my dismay, wife said I can't use that checkbook for a 911! Go figure...
riptides
Super Star Member
I meant the tub was money.If you're referring to renovations, you're absolutely correct.
Both bathrooms are totally stripped now down to the studs except for the existing piping.
Pretty much new plumbing per piping is being replaced and then set according to where the new showers, toilets and sinks will go. We're losing a hallway to increase the bathroom space between the two bathrooms (to increase the master bathroom size. Stackable washer and dryer going in the guest bathroom so laundry can be done on the first floor instead of the unfinished basement.
Basically an entire gut job including exterior.
Thus the reason why I wasn't as enthused as my wife when we went down this path
Renovations are super expensive. First hand experience here.
Budget went over three times. Naive and the unknowns when dealing with old homes.
I'd say two thirds of our farm house was demolished. Only the original 1920's remained and that was gutted in parts to the floors.
But...my wife had vision. I learned to keep up with that.
The end result will be special for sure. You will make it your new home!