It Was A Good Run

It was a good run being mortgage and rent free. We now have an accepted offer on a nice old "fixer upper" in East Edmonton. They were asking $150k, we ended up offering $130k, because there was an additional offer submitted at the same time. Our more competitive 130k offer was the preferred of the 2, and she came back with $135k.

Then plan, is to rent 2 rooms to students, that don't have cars. The house is a 3 bedroom 2 bathroom, so with some drywall work, and paint, we can move in upstairs with 2 students. However the plan is to build 2 bedrooms in the basement, and they would have their own bathroom down their. Presently there is no main floor bathroom, only one in the basement and upstairs. Bedrooms are very inexpensive to build with th exception of cutting windows into the basement foundation. Two students would allow us to continue essentially mortgage free, and afford these basement renovations, wile paying extra on our mortgage every month. It will also be nice to have someone in the house when we go away traveling and whatnot.

If we make a parking spot in the back yard, there will be literally no yard, just a small deck, and about 25 square meters of grass and flowers in the front. So there is no room for my industrial projects, which is probably good. I can keep my clutter to Andrew. This move will be a great way to reorginize and get rid of alot of stuff too.

We looked at a bigger house in Andrew a few weeks ago. What a pile of crappy Ukrainian renovations. I had to swallow vomit, when they told me it was $270k, I would have considered it a fixer upper.