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Posted

63b8442b66ecf5145dd78c1f13c84757.jpg

 

 

In a few weeks I will own this land. And then I can build our first NZ home.

 

#wanaka

Congrats but looks too flat and easy to build on, where is the challenge you always look for???

Posted

63b8442b66ecf5145dd78c1f13c84757.jpg

 

 

In a few weeks I will own this land. And then I can build our first NZ home.

 

#wanaka

How will you survive with that *** view??

Congrats Wayne, I had friends who lived there and its a beautiful area.

Posted (edited)

63b8442b66ecf5145dd78c1f13c84757.jpg

In a few weeks I will own this land. And then I can build our first NZ home.

#wanaka

I cannot like this enough!

 

...and I also cannot express how insanely jealous I am :lol:

 

You are literally living my dream!

 

Speaking of container homes (as Steven did), this is one of the best ones if seen built.

 

https://youtu.be/eN1QxOBf-UM

Edited by patches
Posted

So here are a couple of preliminary images/renditions of the house. The floor plan suits us perfectly.

 

We work from home, so the bedroom closest the garage is going to be a home office, the two bedrooms sharing a bathroom will belong to the kiddos and the big bedroom will be my wife's but she may occasionally allow me to use it. :)

 

Only changes I am making are:

 

1. The doors to the kids bathrooms are going to be cavity sliders.

2. A garbage disposal to be installed

3. A fireplace for the media room

 

The house will take around 9 months to build and allowing for 1 month for Christmas, it should be ready end July 2021. Just in time to catch the last of the ski season in Cardrona (40 minutes away). Closest international airport is Queenstown. 

 

All of this for $950k.

 

The area has a 4 bedroom median index of $1.4m so I think it will grow, although it is not a primary investment. It is our home.

 

Current population of Wanaka is around 13,000 looking to double in the next 5-10 years and a new international airport is being planned for about 20 minutes away (although that will likely take a few years before it gets completed)

 

I can buy a 3 bedroom single garage home (around 150m2) for about $550k so the area is still pretty affordable (not by RSA standards though  :eek: )

 

I honestly believe Wanaka is about to have a little property boom and there are not many places in NZ that have that. So I am betting on it. I am insanely nervous. This is a huge amount of money and if it goes belly up, I am up schitt creek (not the tv series). 

 

We will likely move down over December/January and take a 6-8 month rental as we get settled. My son finishes primary school this year, so it would be a good time to move and have him start at the new school in the new year. Rentals are also much cheaper than Auckland so it gives us a chance to save 7 months of rental difference.

 

Honestly, if it was not for being able to work remotely, I would not be able to pull this off. So there is a covid silver lining in a bad situation.

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Posted (edited)

That looks so awesome Wayne.

Properly designed house (covered garage to house, separate toilet to bathroom, but with toilet in bathroom, decent open plan kitchen/dr/lounge.)  Carpeted garage?  Pampered cars... :)

Is the W/R the media room?

We went for an auction a couple weeks ago, got organised to offer top dollar and got outbid by R60k (which incidentally was just on the reserve for the house, which is ludicrous.)  Seems that at the moment people think houses will never get sold again, so better get one now no matter the price.

So, best part of $2k down on valuation/inspection/lawyers fee and we get... nothing.

So, it's become apparent that a new build is probably the sensible way in. We just not so keen on the whole Long Bay houses on top of houses thing.

Edit: seems to me that for the value we got outbid by, you could almost buy a house on the Oos Ront... 

Edited by davetapson
Posted

That looks so awesome Wayne.

 

Properly designed house (covered garage to house, separate toilet to bathroom, but with toilet in bathroom, decent open plan kitchen/dr/lounge.)  Carpeted garage?  Pampered cars... :)

 

Is the W/R the media room?

 

We went for an auction a couple weeks ago, got organised to offer top dollar and got outbid by R60k (which incidentally was just on the reserve for the house, which is ludicrous.)  Seems that at the moment people think houses will never get sold again, so better get one now no matter the price.

 

So, best part of $2k down on valuation/inspection/lawyers fee and we get... nothing.

 

So, it's become apparent that a new build is probably the sensible way in. We just not so keen on the whole Long Bay houses on top of houses thing.

 

Edit: seems to me that for the value we got outbid by, you could almost buy a house on the Oos Ront... 

Carpeted garage is pretty standard in Otago. I reckon its for the cold  :eek:

 

The Media room is the Lounge. Kids play drums and guitar so its nice to have a seperate area for that and to be able to close it up if guests come over. Also, we can move that gear out into the garage and convert it to a guest room for if anyone needs a place to stay (Open offer to hubbers)

Posted (edited)

Carpeted garage is pretty standard in Otago. I reckon its for the cold  :eek:

 

The Media room is the Lounge. Kids play drums and guitar so its nice to have a seperate area for that and to be able to close it up if guests come over. Also, we can move that gear out into the garage and convert it to a guest room for if anyone needs a place to stay (Open offer to hubbers)

Ah - W/R is wardrobe in main bedroom - nice.

 

I didn't see the doors to the Media room, yep, nice.

 

Edit: that's one thing the developers have got right, they know how to build a house that ticks all the boxes for a livable house.  There are some strange structures  masquerading as houses that we've looked at.

Edited by davetapson

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