Nanaimo Hospice Society is pleased with its new digs, but the move-in came with some surprises for the nonprofit organization. Hospice recently took possession of its new home, at 1080 St. George Cres.
The move is a good one, providing more cheery, bright and spacious surroundings. But the nonprofit organization was unable to get what it expected for the old building, and the new location needed work that wasn't originally planned for.
The result is a $200,000 budget shortfall, which the group is now working hard to make up. The original fundraising campaign goal was for $1.25 million.
They thought their old Boundary Crescent would sell for $325,000, but "it sold for $60,000 short from our original estimate," said Wendy Pratt, Nanaimo Hospice executive director.
"The market just fell right out." As many homeowners know, renovations brought some unexpected news. The basement needed some remediation work, which "cost a lot of money," and the fascia around the eves of the building was "all rotten," Pratt said.
All the problems have been repaired and the building is as good as new inside and out. "So we have this firstclass building now for $145,000.
"We have everything we dreamed about and it will last well into the future."
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