This is my first summary of three plans for the car park. Plan "A", the least expensive would be a simple carport built along the lines of this picnic pavilion down by the river.
The second plan, "B" would be more substantial. It would have a work shop/ store room incorporated into it. I wrote this plan up in a previous post.
Plan "C": A full blown two car garage with an apartment above which we would rent out.
I will guess at cost estimates, if for any reason, just to have figures taking up spaces which can later be revised over and over again.
PLAN A...........................$ 8,000
PLAN B........................... 12,000
PLAN C........................... 60,000
Plan "C" is the most expensive, but it should add the most value, by far. This was our first idea a long time ago, but we dropped it because we did not want any relatives living in the apartment, not paying fair value rent. That is something we cannot afford. Not only are we officially encouraged to add rental property, but an apartment that produces income for the owners would be a very strong selling point of this property. How we would pay for this, I have no idea at this point.
This is my first summary of three plans for the car park. Plan "A", the least expensive would be a simple carport built along the lines of this picnic pavilion down by the river.
The second plan, "B" would be more substantial. It would have a work shop/ store room incorporated into it. I wrote this plan up in a previous post.
Plan "C": A full blown two car garage with an apartment above which we would rent out.
I will guess at cost estimates, if for any reason, just to have figures taking up spaces which can later be revised over and over again.
PLAN A...........................$ 8,000
PLAN B........................... 12,000
PLAN C........................... 60,000
Plan "C" is the most expensive, but it should add the most value, by far. This was our first idea a long time ago, but we dropped it because we did not want any relatives living in the apartment, not paying fair value rent. That is something we cannot afford. Not only are we officially encouraged to add rental property, but an apartment that produces income for the owners would be a very strong selling point of this property. How we would pay for this, I have no idea at this point.
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