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Adventures in heritage renovating
Kurt Peacock Owner, Saint John News Building
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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 Be patient, but have fun
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The Story of 56 Canterbury
Built after Great Fire in 1877 In heart of Uptown Saint John Purchased the building in 2005; top floor a clean slate Have kept same tenants since becoming landlord
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The plan for development
To develop 3rd floor loft apartment Restore exterior windows over time Unveil architectural features, such as exposed brick or tin ceilings
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Finding the right trades
Ask around Be patient Take advantage of any heritage help that is available Keep close tabs on capital costs
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Be prepared to get dirty
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…and do lots and lots of work.
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Remember when I said work?
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I wasn’t kidding.
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Life sometimes gets in the way
Our construction plans were changed with arrival of our daughter It took longer than planned, but the loft apt. became a family affair My 2 kids now both say they want to live at the apt. when they are adults
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The finished product
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Are all the sweat and tears worth it?
Purchased the building for $122K Latest assessed value $293K Property value has increased 140 % in roughly ten years Lived rent free while on site; in years since building has always returned a profit
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Another way to look at the value of the Saint John News Building
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Thanks for caring about heritage!
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