For all 5 of you who still actually read this blog, I have a bit of an updated on our housing addition project.
But first, let me backtrack. We still have plans to do the 2nd story but the more and more we thought about layout, ideas, finishes, etc, all we could see were $$$. We knew it would be a great opportunity to really make the house EXACTLY how we wanted it, and didn't want to skip out on any features for the sake of saving a buck now, if only to redo it 5 years down the road. If I'm going to tear the roof off my house and move out for 6-9 months, I want the thing PERFECT! So, a project that we were hoping was going to cost somewhere around the $120K mark, was pushing $150-$200k. Yikes.
Also, Chris and I are not rich (...I'll pause for you collect yourself after that shocking statement...).
One of the hesitations we had about moving out was spending additional money on rent in addition to paying out mortgage while our house was being redone. Rent for a house in our area can go for around $3,000 a month (which we do NOT have the budget for) so more than likely we were going to have to move into an apartment or condo.
Since Chris and I had a little saved, enough for a VERY small down payment on a VERY cheap condo, we decided that was the direction we should take. Especially since we both loath the idea of paying "rent" and never getting it back opposed to a mortgage.
So, that is where I will leave you for now... on the fact that we
P.S.- Happy Thanksgiving, Merry Christmas, and Happy New Year... man, I've been gone way too long.