I bought the house two doors down to keep as an investment property AND to use as my art studio!!! Throughout my professional life, I’ve managed to offset my mediocre income with wise real estate decisions. This was only possible because of the money I made from the sale of my loft in Atlanta. Thank you Atlanta Beltline! Hopefully this house is just the latest wise real estate decision. It should be, it really should. This might be the single greatest gift I have ever given myself. It’s not a gift, but I like to think of it as one because I am grateful.
Here’s how it went down. I needed a new workspace. Our new house is fantastic. I love it. However, there is zero space for an art studio. When searching for a home in Chattanooga, finding a house with enough space for an art studio was part of our plan. What we ended up doing was buy a house without space for an art studio but on a lot big enough to build one. Therefore, we planned to build something that would be part art studio and part shed to store our outdoor belongings.
I started sketching what I envisioned the structure to look like and reached out to a series of local contractors. I was having trouble getting interest because my job was too small for most building contractors. While in the middle of this process, I noticed a “For Sale” sign in the yard of the house two doors down from ours. I told Kelli about it, saying almost half-jokingly, that I should buy it. Buy that house instead building something on our property. She said it sounded like a great idea, and I should at least look into it. Look into it I did.
The price was right. I decided to make an offer! The house had been used as rental property for a number of years. It needed some fixing up if it was going to used as a primary residence. However, because it was going to be used as my art studio, it was basically ready to go as is. I’m oversimplifying the process, of course. Bottom line, I bought it. The house is now mine.
I’ve never had more than a spare bedroom for a studio. Now I have an entire two bedroom house for my art studio! I’m so psyched about that. Not only that, this place has a million dollar view and a ton of investment potential. You can see downtown Chattanooga from my front porch.
Add this to the list of major changes in 2021. Geez.
I’m thrilled. I have no regrets. Maybe I’ll rent out some of the space to share with another artist. I’m in no hurry to make a decision about that, and that feels good in itself. I love the fact that I can walk two doors down and be at work in my space. This is now and it’s also the future. As I mentioned earlier, this might be the single greatest gift I have ever given myself.
I’m sure I’ll post more about this at a later date. Meanwhile, here are a few pictures of my new art studio, and the view!