Do we sell or we keep the bldg

[Salty]

just a few reflections on skimming through this thread.


Because the building is not wood, then may I assume it is either block and or brick?

If I recall you are located west of Albany and are impacted by the lake snow that sweeps the west side of that state.

Therefore, I personally think that a three story building is worth far more than the realtor estimate. The raw land couldn’t be purchased for less than $15,000, and you have a renovate-able three story building on that land. That it is paid off, and there is value in both property and building is significant. The trustie(s) of the church need to meet with you for they are the final legal authorization folks. What are their thoughts?

It matters little what “shape” the building is in, if it I can be renovated, it is worth abundantly more.

Can you give a Zillow link with a street view?

Much is block. Actually - it was two separate buildings. Some time in the past 50 years - the church had the builddng moved to the new location (our current one) and it was connected to the building that was already there..

We are about 100 miles west of Albany, and yes we do get lake effect snow. We only average about 88" a year - compared to Syracuse which gets 125" per year.

You might think the land is worth more - but is in a poor section of town and only zoned for residence.

I will be making a couple of calls today about obtaining a cooperating church - I would like to stay in that building for several reasons - but we are simply seeking the Lords Will.

 

[Salty]

That $1500 would be about 30-40 % of our annual budget - IF we bought paint - we have no one who could do the job,
unless we pay someone - I have been working on finding a cooperating church (we are SBC)

I just got the actual figures from the books

That 1500 dollars would be 33.7% of our annual budget.

 

[1689Dave]

I'm one example of a person who would not visit your church and chip in. Why do you suppose this might be?

 

[Salty]

Well - how about an update

The recent biggest concern is that it would take about 3 grand to redo the chimney (which has had bricks fall out)
Well, I have had two people check it out - and the materials need to repair the chimney - would be less than $500. and the one person - said he will not charge any labor! Praise the Lord!

Today, we had an informal discussion - and decided we will stay in the building!

In addition - a few days ago, someone was walking by the church - I invited him to attend and he showed up today- with his wife!

To God be the Glory.

 

[Marooncat79]

Fantastic man!!

god is working there

 

[agedman]

What does the building have for heat and A/C?

what part(s) are still functioning?

 

[Salty]

What does the building have for heat and A/C?

what part(s) are still functioning?

We have no AC - not really needed - most of the year it is not that hot
and since we meet in the basement - it is cool enough

Heat = Electric

what part(s) are still functioning?

????


And one other thing
The two longest members have been with the church from the beginging which is about 40 years.

 

[agedman]

What do you do for heating the main floor, when it was functioning?

Assuming it was electrical (which can be very expensive in NY winters), what special need does it have to make it work adequately?

I ask because I have extensively worked in that industry.

 

[Salty]

What do you do for heating the main floor, when it was functioning?

Assuming it was electrical (which can be very expensive in NY winters), what special need does it have to make it work adequately?

I ask because I have extensively worked in that industry.

The upstairs heating stopped working long before I arrived there. If I remember correctly - Dave told me that the compressor broke down and to repair or replace - would be extremely expensive.
Not sure of the power needed to run it.

At the moment - We have plenty of room in the basement for Growth - and when it does start filling up - then our finances will have improved.

 

[SovereignGrace]

Well - how about an update

The recent biggest concern is that it would take about 3 grand to redo the chimney (which has had bricks fall out)
Well, I have had two people check it out - and the materials need to repair the chimney - would be less than $500. and the one person - said he will not charge any labor! Praise the Lord!

Today, we had an informal discussion - and decided we will stay in the building!

In addition - a few days ago, someone was walking by the church - I invited him to attend and he showed up today- with his wife!

To God be the Glory.

Wonderful news! Soli Deo Gloria!