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Old 03-29-2015, 06:55 AM   #1
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Am I crazy to do this? Moving a house.


I have a 3 story 3800 sq/ft Victorian with steeple with garage that I bought 7 years ago. Needs basically everything, electric (some knob and tube), new roof (aged), siding, insulation, floors, furnace, water system...
I basically paid too much for it, and even if I remodel the heck out of it I will never get my money back. It will be worth around 120k fully restored.
IT sits in a dead area and houses go for 10-15k.

60 miles away the area is booming with businesses, and the same building remodeled could go as high as 750k.

So I thought: let's buy a piece of land in the booming area for 60k, strip and gut the building completely (it needed to be done anyways...), TAKE IT ALL APART wall by wall, load it on a trailer and after 20 trips I could move the whole thing into a booming area and start remodeling for a profit.

Am I crazy? Has anybody done this before or heard of it?

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Old 03-29-2015, 07:20 AM   #2
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Am I crazy to do this? Moving a house.


Never done it and never would try. You can move the foundation, after you strip everything you have nothing left but a wooden structure. After costs of moving, which includes more than just disassembly and transport but permits, escorts and probably power line etc..... Sounds to me like it would be easier and cheaper to build from scratch unless the house have some historical significance you are trying to preserve

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Old 03-29-2015, 07:44 AM   #3
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Am I crazy to do this? Moving a house.


I don't think you could do it for 120k, but if you decide to, please take a ton of pictures, we love pictures.
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Old 03-29-2015, 08:05 AM   #4
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Am I crazy to do this? Moving a house.


I should have clarified that the house does not have a basement right now, and I want to disassemble it to pieces that are small enough to fit on a flatbed truck. So no special permits are needed nor powerlines moved.

I got a quote to move the whole thing in one piece and it was astronomical.

Some of it will definitely be a new construction, like on the final site I want a full basement so that will need to be build on new site, and most windows and doors needs to be replaced because they are old.

Here is a picture from google maps.
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Old 03-29-2015, 08:30 AM   #5
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Am I crazy to do this? Moving a house.


Sounds like a monumental task and plenty of cost over-runs! I assume the home would need to meet new building codes upon reconstruction. Everything from beam sizes, to truss and rafter sizes. Roofing, electrical, and plumbing will have little if any salvage value. Need to add in the new foundation, new services and about 10,000 man hours. It may be a great place to build, but I don't think you are going to save much compared with new construction. My last complete renovation started from a rotten condemned shack. I considered burning it down a few times before completion! LOL, Have you considered having the house moved intact? It should save you several thousand man hours.
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Old 03-29-2015, 08:34 AM   #6
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Am I crazy to do this? Moving a house.


Ayuh,..... Dollar for dollar, I'd think tossin' a match into the old house, 'n burnin' it flat, then buildin' a brand new house somewhere else would be cheaper than tearin' down, 'n movin' the used materials,.....
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Old 03-29-2015, 08:34 AM   #7
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Am I crazy to do this? Moving a house.


That is a very beautiful house, and it is certainly ambitious to think about taking it apart piece by piece and moving it. The question I would ask myself is how many man-hours will it take, and what will it look like when you get done taking out walls, ceilings, floors etc. and relocating them.

I worked on a project where we took apart a historical bridge that had granite foundation stones. Each stone was labeled, carefully moved, and relocated to the new bridge location. It cost about ten times what it would have cost to build a new bridge, but of course there was no way to duplicate the look of the old stones, and the historical commission was not to be swayed. You may have similar cost issues, but if you have no other job that is calling you, and can take a year out of your life, maybe it makes sense. Best of luck.
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Old 03-29-2015, 01:02 PM   #8
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Am I crazy to do this? Moving a house.


I do agree, that is a beautiful house, but a little over $31 a sq ft to build it back. maybe for twice that, but no way will you complete that house for 120k.
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Old 03-29-2015, 01:43 PM   #9
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Where are you taking this apart in sections so you can reconnect? How are you getting the pieces down to trailer legal size?,,,and reattaching all together.? You would have a butchered up mess!!!

ONLY and only if you are moving one across the street,,,basicly,,,intact. But have seen every one in the last 50 years I have been watching these happen,,,end up to be a cost loser. By the time you pay to move any where,new foundation, new heat, water,electric, and every thing else. Let alone drywall and interior trim, doors and windows. Think about it ALL your going to use is about a truck load of dimension lumber,,,the sheathing is no good and half of that needs replaced.
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Old 03-29-2015, 01:47 PM   #10
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Quote:
Originally Posted by BigJim View Post
I don't think you could do it for 120k, but if you decide to, please take a ton of pictures, we love pictures.
Definitely! My budget actually goes close to 200k to do the entire job.
120k is what the house alone is costing me in mortgage. Basically I bought it for 120k (not considering interest).
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Old 03-29-2015, 01:51 PM   #11
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Originally Posted by Yodaman View Post
Sounds like a monumental task and plenty of cost over-runs! I assume the home would need to meet new building codes upon reconstruction. Everything from beam sizes, to truss and rafter sizes. Roofing, electrical, and plumbing will have little if any salvage value. Need to add in the new foundation, new services and about 10,000 man hours. It may be a great place to build, but I don't think you are going to save much compared with new construction. My last complete renovation started from a rotten condemned shack. I considered burning it down a few times before completion! LOL, Have you considered having the house moved intact? It should save you several thousand man hours.
Hey Yodaman,
good points here. Didn't even though about different codes.
There is no salvage value here, except for the aluminum siding and copper pipes. Everything else is scrap.

I did get a quote to move the house as a whole and it was close to 1/2 Mil. No go.
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Old 03-29-2015, 01:59 PM   #12
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Originally Posted by 4just1don View Post
Where are you taking this apart in sections so you can reconnect? How are you getting the pieces down to trailer legal size?,,,and reattaching all together.? You would have a butchered up mess!!!

ONLY and only if you are moving one across the street,,,basicly,,,intact. But have seen every one in the last 50 years I have been watching these happen,,,end up to be a cost loser. By the time you pay to move any where,new foundation, new heat, water,electric, and every thing else. Let alone drywall and interior trim, doors and windows. Think about it ALL your going to use is about a truck load of dimension lumber,,,the sheathing is no good and half of that needs replaced.
Yes you got it right: almost all of this house has to be rebuilt. Bu it has to be done now already. The inside is in horrible conditions, old electric, old plumbing, no heating, no water, drywall needs to be all replaced, roof redone.

By "taking it apart" I mean stripping it down to frame, and disassemble the frame in walls, load the walls on a flatbed and move those. Roof same thing. On mew site there will be a crane to reassemble the whole thing.

Right now the building is worth $40k, remodeled and finished could be worth 110-130K (in this bad area) but you have to put at least 100K in it. So it's a no go.

So what do I have to lose by dismantling it and moving the parts to a better location where the building will be worth $750k?
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Old 03-29-2015, 02:19 PM   #13
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If you proceed with this project I wish you luck. I just don't see the benefit of trying to tear down an rebuild. If you like it that much have an architect draw up plans to duplicate it and have it built new from scratch. It will be much faster, cheaper and easier and probably more structurally sound. Sorry you are in it for $120k with no equity, but at this point I would say cut your losses And don't keep adding to them. Your house, your money, your call. If you do move ahead Id love to read the play by play to see how it goes.
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Old 03-29-2015, 02:42 PM   #14
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"I basically paid too much for it, and even if I remodel the heck out of it I will never get my money back. It will be worth around 120k fully restored.
IT sits in a dead area and houses go for 10-15k."

A 120K valuation in a 15K neighborhood sounds a bit optimistic. But even so, your plan to tear down, move and rebuild over new construction, may be even more optimistic. When you consider the cost savings of only the mat'l that will be salvageable, and then start subtracting the additional expenses, I fear the savings will vanish quickly. You basically will be saving framing lumber.

On the other end of the spectrum, are we sure about a 750k valuation after completion? Would you buy a house for that amount built from salvaged mat'ls?

You asked the question, and I think you knew what the answer was, you just wanted to hear it from someone else.

But it is a interesting proposition and will follow along if you proceed.
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Old 03-29-2015, 03:41 PM   #15
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Originally Posted by Olcrazy1 View Post
If you proceed with this project I wish you luck. I just don't see the benefit of trying to tear down an rebuild. If you like it that much have an architect draw up plans to duplicate it and have it built new from scratch. It will be much faster, cheaper and easier and probably more structurally sound. Sorry you are in it for $120k with no equity, but at this point I would say cut your losses And don't keep adding to them. Your house, your money, your call. If you do move ahead Id love to read the play by play to see how it goes.
I actually dont like this building at all, but I thought it might still make some money if moved.

Do you think I could build something like this for 120k new? Sounds a little low.

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