
Well, Joe and company did a fantastic job working their rears off getting us the design layout in one week! The above example is what the new drawings are shaping up to be. If you look at it, you will see there are now dimensions on EVERYTHING. Not only that but this has the exact dimensions of the property along with the basic materials we will be using. I must say that after living in the world of "theory" in the design up to this point, its really nice to see the space defined. HPZS and Co. provided us with these type of documents for all four floors, all four exterior elevations, and the one floor cross-section of the 1st floor.
SO. Now we get to the next phase of this process. Its not Phase II per say, but more of Phase 1.1. This is because while we are still working through the design of the home, and the placement of the electrical outlets, and finishes like tile, lights, hardware, molding as well as the exact specifications for the contractors, we now have to work on getting the financing for this grand design.
So now its on to creating a budget, which we are going to be working on for roughly the next two weeks, and then we will be submitting the budget and the plans to the bank. The general contractor is going to be taking the plans to each of his sub-contractor who will provide us with preliminary pricing for each facet of the building (masonry, plumbing, electrical etc). Once we have done this, the bank is going to work to approve the budget, and then to create an appraised value for the property. And at that point we will know if we are going to be able to build this thing this year.
I will update things as I get into the budgetary process, I am sure its going to be an invigorating experience!