I’m back out working on the cabin. I decided to take a couple days off this week since the weather is so nice. I’ve got a few things lined up to get completed on the cabin. I’ve asked the heating company to come out tomorrow and finish the install of the heat pump and fire the system up. I have run the wiring out for the pump and they just need to hook it up. I also have requested a framing/mechanical inspection for tomorrow. If they approve our work, we will be ready for insulation. I had one insulation company come out and give me a bid today and have one more coming tomorrow. The first bid was $2600 which is less than I thought it would be. I am saving some money by doing all the interior caulking myself. I have already filled all the holes with fire rated caulk and have sealed some of the windows etc. I don’t expect that the bid tomorrow will be lower than this but I’m always happy to be surprised!
My friend is coming up tomorrow morning and we’ll start putting the decking on and also finish the cedar siding above the deck. I’m looking forward to having the outside totally complete so that I can focus on the inside. Once insulation is in, we’ll be in pretty good shape for winter.
Last weekend I was out at the cabin as well and we went down to a party at a friend’s on the lake. I have been getting to know a lot of the people in the neighborhood and was talking to one of the guys that lives on the lake. He appears to be pretty well off and owns a successful business. He currently has two properties in the neighborhood and has a pretty good handle of the values of the properties around us. I had mentioned that I hoped my place would be worth around $200K when it was completed. He said, “If you decide to sell it for $200K, let me know. I’ll write you a check”. It’s nice to hear that he thinks it’s worth even more than that. At $200K, it would mean a profit of about $55K (when it’s complete) and since we are paying cash as we go, our equity in the place will be much higher than that.
Anyway, by sitting here typing this post, I’m avoiding work. I’m going to head back down to the cabin (across the street) and see if I can finish up a bit more. There’s nothing like working upstairs on a 85 degree day with no insulation. The sun beating on the roof really spikes the temperature in there.