Finally, we are about to commence the renovation and new build on our block of land in Banyo, QLD.
We purchased the home approximately three years ago and after living in it for a year decided that we loved the suburb but the house was not suitable for the needs of our family and my business, which I operate from home. The house sits on an 809 square metre double lot and is an old queenslander with plenty of character, although this is currently hidden. After much thought we decided that we didn’t need a house on a large lot and if we just renovated the home we would be over-capitalising for the area as the price ceiling here is around $700,000. Instead, we decided that we would split the block, renovate the old house and build a new home that would suit our needs.
It has taken a couple of years to get to this point. Tomorrow, we move out and next week the tradesmen come in, first to disconnect the power so we can demolish a section of the side verandah. This will allow the building to fit onto one lot. Then we have the house raisers coming in to lift and slide the house across and forward into the new position. Read more