Hello everyone! Long time lurker, occasional poster here. My wife and I live in Lebanon, NH, in the Upper Valley of NH & VT. We are in pre-planning stages for a house we found that just came on the market. Frankly, we weren't planning on buying and rehabbing a house in our area due to high property values & taxes, among other reasons. However, this house made our eyes light up. We are looking at it this afternoon (2/2/17). There were 7 showings on the first day on market, so while we are optimistic, it may be swept from under our feet.
This is a real fixer upper, 100+ yr old home with plaster walls in need of some repair, hardwood floors which we hope to salvage, but the house looks straight out of the 1940's. We hope to keep as much of the original materials as possible (original windows, repair or only replace plaster as needed). However, it would require a new kitchen, updated furnace possible, new bathrooms, fixtures, etc. Exterior has actually been cared for, however we probably need to give it a fresh coat of paint and repair minor damage to the chimney.
Guesstimating close to 100k in work if we used contractors to do rehab. ARV $240k, probably offering ~$100k if we get the chance.
I have a couple questions:
1) Are there contractors you might recommend us contacting for a full interior renovation?
2) For you historic home lovers, anything we should keep in mind during a possible renovation like this?
