6/17/2016

Renovation Update: Demo!


It has been a busy couple of weeks since we started demolition of our kitchen and bathroom.

Here's few photos to show you what we've been up to.

A shot of the dining room and kitchen
Bathroom after the vanity was removed



Bathroom - 3 Layers of Flooring!

Bathroom, ready to start rebuilding


6/06/2016

May Spend Report

Here's the May spending report.  Groceries was high, in part because of a Costco shopping run to stock the camper Pantry and top up some things here.

Entertainment and gifts was higher partly because Jordan's family was in town for a visit so we had some extra expenses.

Home Maintenance is in large part the fencing stuff for our dog run.

Medical was from the appointments out of province.  This includes meals, gas etc., and hotels for the trips.  We'll be tracking this and submitting medical expenses on next years taxes.

6/03/2016

6/01/2016

Update

It sure has been a busy month.

I've been to Alberta twice for medical appointments, took Little Man for his first camping trip, and have been continuing to get quotes and budgeting for the renovations for the new house.  We've been meeting with insurance brokers, mortgage brokers, the local credit union, and on and on. Some of my husband's family came to visit for a few days and that was a blast too.  Busy, busy, busy.

Here's a few financial specific updates:


  • We've been watching for sales at the local hardware store, and got 15% off the fence package we're using for the dog run.
  • I was pre-approved for the new Tangerine MasterCard, applied and timed my activation to coincide with our first purchase for the house.  We have three months of 4% bonus cash back and I chose hardware stores, furniture stores, and grocery stores to capitalize on the reno expenses.
  • We signed our mortgage docs, and are feeling good about putting 20% down
  • Net worth is down about 10K because of the downpayment, it won't take long to creep back up as we start the renos
  • I helped my mom start tracking her expenses.  We set up a spreadsheet and she's now four months in to tracking. It's really fun helping someone else track things.
June is going to be super hectic for us as well.  We're planning to have the bathroom and kitchen renovated, the dog run built as well as a lot of yard work done.  I also have foot surgery near the end of the month.  


5/18/2016

Possession Date Change

Guys!  It's been crazy busy over the last few weeks.

Our possession date for our new place moved up to June 3 from July 4th so we've been working on getting quote for the renovations we want to do. We've been to the city twice for my feet :/ and Little Man has split his first tooth!

I'm hoping over the next few weeks I can settle into a bit of a better writing routine again, but just wanted to say Hi, I'm still here.

5/02/2016

April Spend Report

 Here we go...another month has gone by.

We spent about $150 or so more than we normally do on groceries.   We had a cold run through the house - first Jordan, then me and Little Man, and then my mom. It hit my mom harder than us, so I think we made it to the store a few more times then she did. We also ate out some this month...oops.

A couple of times were out of town and a couple of times were in town.  The big win here though, is that none of the eating out was on breakfast sandwiches,  etc. They were meals shared with family and friends.

Six months postpartum, I was desperate for clothes that weren't tights so we bought some clothes this month.  Just a couple pars of jeans and a dress for me.  Jordan got a sweater for work, and we got a cute outfit for Little Man.

The big budget line this month though, is under Home Maintenance.  This was the bill from our recent home inspection - which was well worth the money.

4/27/2016

The Final Deal

So it's been a busy couple of weeks since we placed an offer on the new home here in small town British Columbia.  Given that it's actually the third house we have tried to buy, we didn't want to make a big deal out of it unless it was going to happen for real...and we're here, it's really happening.

So, what was the final deal?

It was listed for $289,000, and we settled at $279,000.

We started our offer at $264k, they countered at $284k, then when went to $269k.  Next they came to $281,500 and we countered at $273,000.  They came back at $280, final.  That was hard because we didn't want to go more then $275 - so our agent went back to them and asked if they would meet in the middle of our 'finals'.  They came down another $1,000 and we took it.  The $4,000 difference wasn't worth losing the house and only translated to a $13/month difference in the mortgage payment.

The bank appraised the property before approving the mortgage and the value came in at $280,000 - so we felt really good about that and where we wound up.

Oh?  So what did that buy us?

A three bedroom, 1.5 bathroom bungalow with both an attached single car and detached single car garage.  The main floor has 1800 sq feet of living space, and the basement as another 1500.  The lot size is the biggest we have seen in over a year of looking at 100 x 120 feet or .275 of an acre.  It has the space we want for dogs, gardens and kids.

Both the kitchen and main bathroom need renovating, but that's a post for another day.


Followers

Links ♥