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25 January 2023 | 0 replies
Using 17 comparable transactions from November 2020 to present day, which a include a neighboring city with (ballpark) similar price correlations, the price per buildable square foot was $116.I advocate that because the Pandemic was by definition a Black Swan event, and that particular market has proven to be resilient despite rate hikes, with condominiums gaining an excess of 13% year over year , that it would be more accurate to use in comparables only transactions that took place over the last year, leaving 7 of their original 17.
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5 August 2016 | 9 replies
We used a type of 'resilient channel' in our home years ago to sound proof between our family room in the basement and main living area.
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22 January 2022 | 4 replies
Resilient strips (a strip of metal that prevents thudding sounds from transfering) must be placed perpendicular to the joists and screwed to the joists.
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23 January 2023 | 7 replies
Here is the basic timeline:- Purchased property in late 2019 for $490,000- Property was a 2 story 4 bed/2.5 bath house with a full unfinished walkout basement- Premium for the property compared to one without the walkout was somewhere around $30-40,000- Basement was around 1200sqft unfinished space and the apartment was best setup to be around 800sqft- Started initial framing in early 2020, but COVID put a stop to some plans due to cash reserves becoming more important- Project was on hold until late 2021 when framing resumed (all framing was done by me)- Jan 2022 had a tankless water heater installed (had 20 year old tank already and don't want to run out of hot water with tenants) $3500- Jan 2022 had main electrical panel upgraded to 200A setup and also had 100A sub panel installed in basement and charger for car in garage $6000- Feb 2022 finished 95% of framing and GC began plumbing work- Feb 2022 HVAC work began (We installed a fully separate Mini Split Heat Pump for the unit) $5,400 for all fans and mini split install- March 2022 Electrical Rough In was completed- March 2022 Rear Door (Entrance) was swapped from a small slider to a full 36" exterior door- March 2022 Passed rough inspections and given the go ahead for drywall- Late March 2022 Drywall install completed- Walls are standard 1/2" single sheet- Ceilings were done in the following order for sound insulation (Fiberglass batting, resilient channel, 5/8" drywall, Green Glue, 5/8" drywall) $7500- April 2022 Primed all walls and ceiling- April 2022 Carpet and Vinyl flooring installed- April 2022 Trim installed- April 2022 Kitchen cabinets installed- Mid April 2022 Interior doors arrived and were installed- Mid April 2022 Shower pan was built out- Mid April 2022 Butcherblock counters cut and fitted with sink and oiled- Mid April 2022 Puck lighting installed- Late April 2022 Appliances arrived- Late April 2022 Painting continues (biggest regret here was not hiring a painter.
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2 January 2023 | 5 replies
Speaking of floors I really like LVP, hard, resilient, cheapish, replaceable by the plank.
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12 August 2022 | 22 replies
I know it is happening, but my life seems to be pretty resilient to it.
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6 August 2022 | 4 replies
., fellow Canadian here.It's a double edged sword - the strict financing policies in Canada make it much tougher to scale but are also what make our market more resilient/stable than others.
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16 March 2022 | 7 replies
Also, I buy C Class and focus on both asset and tenant quality, so my portfolio tends to be pretty resilient in terms of income consistency.
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21 June 2021 | 5 replies
Have you used the pandemic to sell the resilience of your local market?
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20 May 2022 | 69 replies
We are very short on rental housing (and subsequently storage) as like previously mentioned about Stevens Point, GB/Fox Valley has a number of strong (and economically resilient) companies and industries that are hiring.