Kurt Peacock Owner Saint John News Building So you want to renovate an old building Get your finances in order Talk to a good architect or engineer Plan for the long term Find a good crew of skilled trades ID: 619835
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Adventures in heritage renovating
Kurt PeacockOwner, Saint John News BuildingSlide2
So you want to renovate an old building?
Get your finances in orderTalk to a good architect or engineerPlan for the long term
Find a good ‘crew’ of skilled trades
Be patient, but have funSlide3
The Story of 56 Canterbury
Built after Great Fire in 1877In heart of Uptown Saint JohnPurchased the building in 2005; top floor a clean slateHave kept same tenants since becoming landlordSlide4
The plan for development
To develop 3rd floor loft apartment
Restore exterior windows over time
Unveil architectural features, such as exposed brick or tin ceilingsSlide5
Finding the right trades
Ask aroundBe patientTake advantage of any heritage help that is available
Keep close tabs on capital costsSlide6
Be prepared to get dirtySlide7
…and do lots and lots of work.Slide8
Remember when I said work?Slide9
I wasn’t kidding.Slide10
Life sometimes gets in the way
Our construction plans were changed with arrival of our daughterIt took longer than planned, but the loft apt. became a family affairMy 2 kids now both say they want to live at the apt. when they are adultsSlide11
The finished productSlide12
Are all the sweat and tears worth it?
Purchased the building for $122KLatest assessed value $293KProperty value has increased 140 % in roughly ten years
Lived rent free while on site; in years since building has always returned a profitSlide13
Another way to look at the value of the Saint John News BuildingSlide14
Thanks for caring about heritage!