Hi all,
I've got a property in Albury/Wodonga with a serious case of ugly kitchen and bathroom (although still functional). I bought it for $180,000 (about 12 months ago), did a cosmetic reno (removed some wallpaper, repainted, gave the garden an overhaul) and it was then revalued at $190,000.
It has been rented for the last 12 months at $270 per week, but the tenants are now moving on to be closer to family. The property is on the rental market again, the first open house is this coming Wednesday. The real estate agent has said that many of the prospective tenants who came through the first time the property was rented commented negatively on the kitchen and bathroom.
This time around I asked the agent how much more rent we could ask for if I redid the kitchen and bathroom and she thought we may get $290 per week.
Here is the link to the property which contains a couple of pictures of the kitchen, but unfortunately none of the bathroom. Just picture LOTS of yellow, old shower screen, cracked lino.
http://www.realestate.com.au/property-house-nsw-lavington-408620735
If I was to redo the kitchen and bathroom I was thinking of the following:
My question is do you think it would be worth it in this area and for this house?
I've got a property in Albury/Wodonga with a serious case of ugly kitchen and bathroom (although still functional). I bought it for $180,000 (about 12 months ago), did a cosmetic reno (removed some wallpaper, repainted, gave the garden an overhaul) and it was then revalued at $190,000.
It has been rented for the last 12 months at $270 per week, but the tenants are now moving on to be closer to family. The property is on the rental market again, the first open house is this coming Wednesday. The real estate agent has said that many of the prospective tenants who came through the first time the property was rented commented negatively on the kitchen and bathroom.
This time around I asked the agent how much more rent we could ask for if I redid the kitchen and bathroom and she thought we may get $290 per week.
Here is the link to the property which contains a couple of pictures of the kitchen, but unfortunately none of the bathroom. Just picture LOTS of yellow, old shower screen, cracked lino.
http://www.realestate.com.au/property-house-nsw-lavington-408620735
If I was to redo the kitchen and bathroom I was thinking of the following:
- Contact builder to see how we can knock out those hideous arches in the kitchen area to open it right up - on that note, can anyone comment on how easy it would be by looking at the images?
- Remove hideous floral wall paper from remainder of kitchen - I did remove the same wallpaper from the other side of the arch in the kitchen area the last time around but then ran out of time
- Perhaps new kitchen cupboard doors
- Perhaps replace kitchen lino with tiles - although the lino is relatively neutral and in good condition in here
- Retile bathroom - lino is yellowing and cracked
- Respray yellow bathtub white
- replace cracked and yellowing shower screen
- Repaint in kitchen and bathroom
My question is do you think it would be worth it in this area and for this house?