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Budget Proposal for Restoration of 2 properties

Total Restoration Budget Requested $88,345

Below are the two occupied Bornemann Realty LLC units targeted for restoration, both residing within the City of Grand Rapids, MI.

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508 Alger Street SE, Grand Rapids MI 49507

(*=Vendor identity available upon request)

Budget Proposal for Restoration

GR local Vendor* $7600 estimate for AC System

GR Local Vendor* $4500 estimate for 60 amp to 100 amp electrical up grade

GR Local Vendor* $4000 estimate for 2 gas fireplace installations

GR Local vendor $20,000 estimate for new porch windows and screen door

GR Local vendor* $30,620 estimate for installation of solar panels on roof

Total estimate = $69,220= $66,720 +$2,500 variable costs, i.e. inflated costs since first estimate, overtime)

441 Crosby Street NW, Grand Rapids, MI 49504

(*=Vendor identity available upon request)

Budget Proposal for Restoration

GR Local Vendor* $13.625 estimate for siding removal and replacement

GR Local Vendor* $1500 estimate for 3 door jamb replacements

GR Local Vendor* $1500 estimate for 3 interior-exterior doors 

Total estimate = $19,125 ($16,625 +2,500 variable costs, i.e. inflated costs since first estimate, overtime)

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