C.5.2 - 407 E Monroe St - applicant presentation — original pdf

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407 E. Monroe HR-2022-070860/2022-065132 PR Cost Prohibitive Rehabilitation Current State of Property ● Garage Apartment Built in 1937 and Located in Historic Fairview Park Austin, TX ● Exhibit 1 Has been used as a rental unit with the bare minimum updates as can been seen in exhibit photos ● Exhibit 2 Garage Apartment has been tested for Asbestos and contains 40% Chrys ● Exhibit 3 Garage Apartment has been inspected for Termites and shown to be present ● Exhibit 4 Rehabilitating the Garage Apartment found to be cost prohibitive given the current state estimating to cost $533,677 for a remodel. The lot was originally purchased for $1,200,000 Hardship to Owner to make the property up to date to be able to market it as a remodel, ○ ○ ● Exhibit 5 - As stated by the structural engineer the Garage Apartment is rotting from the inside out and was not built to code ○ ○ ○ ○ Framing and Roofing is considered to be deficient and needs to all be replaced Termite damage confirmed within the walls Rotting Soffit and cracked veneer Back wall has sand bags and soil build up most likely causing rotting in the wall framing ● Exhibit 6 - Neighboring house encroaches onto the property in 2 areas. ● Exhibit 7 -Architects Statement regarding the proposed design Exhibit 1 Exhibit 2 Exhibit 3 Exhibit 4 Exhibit 5 Exhibit 6 Exhibit 7