Virtual Home Tour 147 Mercia Road, Elmore - $175,000

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Listed By Lea Van Winkle of Four Seasons Sotheby's Int'l Realty
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When you walk in you automatically feel at home , from the expansive mudroom to rooms with many windows and light streaming in. The stone fire place and hearth add to the ambiance of this home. From the several large windows are views to Lake Elmore and Elmore Mountain. The house sits on 8.53 acres and there are 2 other parcels available if interested for a total of 55, inquire for more information. This house has some significant foundation issues, attached is unbranded video 2 to demonstrate. Cash or a construction loan will be required.Here are the estimates for jacking the house and installing a new foundation. I thought that these might be helpful. Unfortunately, we only have a verbal estimate of the cost for the excavator (Grimes, Inc., in Morrisville), who would be responsible for part of the demolition work, preparing for the new foundation, and installation of a drainage system: $28k. So, the total estimated cost for replacing the house foundation is $93k = $35k (jacking) + $30k (concrete) + $28k (excavator) plus carpentry work, foundation waterproofing (around $700 per Jason Mace, Vermont Pressure Seal, Inc.), and the other exclusions included in the attached estimates. The carpentry would include installation of a framed (exterior) back wall and a framed wall for the portion of the foundation that abuts the addition (on the east side), removal and replacement of the deck, and removal and replacement of a 7 to 8 ft. section of the porch that abuts the original port