New VS 20-year old house

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Roger Van Zant
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Re: New VS 20-year old house

Post by Roger Van Zant »

TJKansai wrote: Wed Apr 07, 2021 2:35 am We built our multi-family home 19 years ago, and it has held up pretty well. We used a small komuten and had them match many of the specs of a Selco (Canadian style) home we liked.

We had storage sheds put in later, and then a carport.

The only big renovation projects have been having it repainted and recaulked at 15yrs. New roof at 18yrs.

Gas hot water heater repaired after 10 years, then replaced 6yr later (about 250,000).

For what it's worth, we paid 40,000,000 for 300sqm of living space (land was in the family), which is probably at the lower end of the scale. Sweden home looked great, but was around 60,000,000.

The mortgage was 30yr, with first 10yr at 2.2%, then it dropped to around 1.6%. Decided to pay it off early, not sure if that is brilliant or stupid, but at least it is one less thing to think about.
New roof at 18yrs?
What happened to the old one?
Mine is 24 years old and just has a few cracked concrete tiles which need caulking.
What material was yours?
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