We are finally ready to put the old house on the market. DH has one more day to put in some elbow grease, and then the rest is up to the realtor. We started the renovations about a year ago, and moved in January, so I'd really like to get rid of this now.
The suspense is killing me. If everything goes well, we will make a profit of $100 000 ((estimated sale price)-(renovation costs)-(buy price)). Since our present home is a downsize, which also needs a fair share of work, we could be left with only a tiny five digital mortgage.
If the house doesn't sell within reasonable time, we will be struggling to keep up the payments. Our debt load is way higher than I'm comfortable with.
Since we bought the house, we have renovated the kitchen, installed an extra bathroom, made an extra bedroom/rentable room in the basement, painted >1 000 000 m of wood panelling, upgraded to hard wood floors on the entire first and second floor, and simplified the garden. And we found a view by chopping down two forests (getting free heat in the winters we lived there).
Still, one bathroom needs renovation, the roof is ready for replacement, and there is a big pool of water beneath the deck. I hate that pool. The previous owners were planning to build a spa. But they never finished anything. If anything will stop a sale, it is that pool.
So, feel free to join me for the drama of "sell that house"!
