As I always enjoy a reno story with before and after shots and there doesn’t seem to have been many on here of late I thought I’d share this with anyone whose interested.
It was Aug09 and I felt like painting something... so I purchased a property for the princely sum of $149k.
It was a deceased estate, a 3 bed house on a 700sqm block 40 minutes from Melbourne CBD.
I set a budget of 5% of the purchase price ($7k) and a 6 week time frame. I kept under budget but the time frame blew out to 10 weeks, mainly due to work commitments and not being able to take more time off. I initially took 8 days off work and then spent all the following weekends and some midweek nights working on it. I hadn’t factored in it being winter so things took longer to dry and there was less daylight to work with! Also it was 1.5hrs round trip from my house which added to the tiredness factor.
I had previously reno’d my own place so I felt that this was in the realms of my own abilities, I figured I could always get the experts in if need be. The outside had been quite well maintained so only the inside needed attention, all pretty standard stuff. I recycled or rejuvenated as much of the existing fixtures and fittings as i could and experimented with various paint products.
Whole house - Paint every wall, ceiling and window frame. Take up carpet, vinyl & tiles, polish floorboards. New light fittings & blinds for every window. Replace some broken glass panes. Replace RCD and smoke alarms. Install new toilet. Serviced the hot water system and gas heater as no one knew when these were last used.
Bathroom - Paint wall tiles, tile the floor, design and make new vanity. Fix leaky shower, add new tapware, install exhaust fan.
Kitchen – Replace oven, install range hood, paint kitchen cupboards & replace laminate bench top.
Upon completion I engaged a PM (recommended by a SS'er) and within 3 days a tenant had signed a 12mth lease @ $225!!
I put together a brief video of some pics, it’s not great quality as photos were taken on a mobile.
http://www.youtube.com/user/chasethesunrenos
And so far it's happily ever after...
Added the final budget
It was Aug09 and I felt like painting something... so I purchased a property for the princely sum of $149k.
It was a deceased estate, a 3 bed house on a 700sqm block 40 minutes from Melbourne CBD.
I set a budget of 5% of the purchase price ($7k) and a 6 week time frame. I kept under budget but the time frame blew out to 10 weeks, mainly due to work commitments and not being able to take more time off. I initially took 8 days off work and then spent all the following weekends and some midweek nights working on it. I hadn’t factored in it being winter so things took longer to dry and there was less daylight to work with! Also it was 1.5hrs round trip from my house which added to the tiredness factor.
I had previously reno’d my own place so I felt that this was in the realms of my own abilities, I figured I could always get the experts in if need be. The outside had been quite well maintained so only the inside needed attention, all pretty standard stuff. I recycled or rejuvenated as much of the existing fixtures and fittings as i could and experimented with various paint products.
Whole house - Paint every wall, ceiling and window frame. Take up carpet, vinyl & tiles, polish floorboards. New light fittings & blinds for every window. Replace some broken glass panes. Replace RCD and smoke alarms. Install new toilet. Serviced the hot water system and gas heater as no one knew when these were last used.
Bathroom - Paint wall tiles, tile the floor, design and make new vanity. Fix leaky shower, add new tapware, install exhaust fan.
Kitchen – Replace oven, install range hood, paint kitchen cupboards & replace laminate bench top.
Upon completion I engaged a PM (recommended by a SS'er) and within 3 days a tenant had signed a 12mth lease @ $225!!
I put together a brief video of some pics, it’s not great quality as photos were taken on a mobile.
http://www.youtube.com/user/chasethesunrenos
And so far it's happily ever after...
Added the final budget
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