Hotspace Blog

Wow factor on the Home Front

Jane Eyles-Bennett - Tuesday, October 17, 2017

A well-designed home has something that sets it apart from other houses in the street. It’s usually a combination of several factors that work together to create a bit of a ‘wow’ moment when you first see the house.  (Read More)

Selling up? Home Make-Over tips - where to stop and start

Jane Eyles-Bennett - Wednesday, September 20, 2017

Homeowners wanting to do a makeover on their home before selling, often fall into the trap of the snowballing renovation. You know the sort, it starts with just doing up the bathrooms, but that makes the kitchen look out of date, so you have to do that too.  (Read More)

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...fantastic results without the massive price tag." Having Hotspace do a tailored Renovation Action Plan for me was a life saver. We had had a bad experience with some tenants who destroyed our property - but being armed with my Hotspace design re..

Warren Ave, Mt Albert, Auckland, NZ

This tired two bedroom rental unit was purchased for $270k. After only one month of renovations following a Renovation Action Plan prepared by us (and a total cost of just $15k), it is now worth upward of $375k! Original rent earned was $240 per week and increased rent after renovation is $375 per week (which includes whitegoods). The yield has increased from around 4.5% to 7.2%. Not the greatest photos in this gallery - but certainly the most profitable!
We recommended renovating part of this kitchen and adding some new storage units and a dishwasher to create a modern, usable space for half the cost of replacing it entirely.
We advised the exact wall and floor colours to improve the appeal of the lounge room significantly.
Without spending mega-dollars on replacing the handrail and ballustrades, we recommended that the entry staircase be modernised and given a fresh, crisp look to introduce the unit itself - a good choice of paint colours and some new carpet did the trick.

The bathroom itself orginally wasn't too bad, so a few tweaks we recommended - including a new vanity and mirror, shower screen and toilet update it for minimal cost. Having the knowledge of the correct colours and products to use and where can make the differtence between a definate DIY job and a designer result.
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