After the quakes, thousands of houses in Christchurch ended up sitting on damaged foundations with floors that were out of level from a few mm to well over 200mm. Many of them are uninsurable in this condition and are sold on an ‘as is’ basis. This is a fantastic opportunity for both property investors and individuals who have the means to buy them without bank lending. Most of these properties can be rescued when you know what you’re doing – and that’s exactly what we specialise in at Park Terrace Construction.
We have years of expertise in re-levelling quake-damaged buildings and their renovation to an extremely high standard.
The Park Terrace Construction ‘As is’ re-levelling and renovation process
Over the years, we’ve developed a process that guarantees a great result for our clients.
- An initial site visit where we inspect the house and measure the floor levels.
- Present an estimate for the re-levelling and any other work that’s required.
If you want to proceed, we:
- Engage an engineer to assess the project and produce a PSI Report to support the building consent application.
- Finalise the quote.
- When you accept our quote, the next step is for us to submit an Exemption and Building Consent to the Council.
- When the Consent is issued (usually about two weeks later), we begin site works, which include excavating around the foundations, exposing the foundations under the floor inside the house, lifting the house, reinstating the foundations, and re-levelling.
- After the re-leveling most clients want us to complete the renovation, which usually means new wall and ceiling linings and tiling, and a new kitchen and bathroom. We can also move and/or remove walls and add extensions.
- When everything is complete, we submit a PS4 to Council to obtain a Certificate of Compliance.
When all that’s done, you can either sell or rent out your newly transformed property, or move in and proudly enjoy it yourself.
If you’ve found an ‘as is’ property with damaged foundations and want to renovate it to the very highest standard, please get in touch with us. We work with families and property investors all over Christchurch on projects big and small, so if you have something in mind, let’s get together for an obligation-free chat.
A Belfast beauty renovated to better than new
We’ve just completed the total renovation of this classic Belfast family home. You can read about everything this major makeover involved in our previous blog. This project was a perfect showcase of our capabilities, as we transformed it from its sadly neglected state to a modern family oasis that perfectly matches its location in a desirable part of Christchurch. Unsuprisingly it was snapped up by a private buyer before we had time to put it on the market.
We’re looking for our next project!
With Belfast done and dusted, we’re looking hard for our next ‘as is’ reno project. If you have one to sell or you want to collaborate on a renovation, email us at info@parkterraceconstruction.co.nz or give us a call, 027 932 4158 or use our contact us below.