Hotspace Blog

How to Design your Dream Kitchen

Jane Eyles-Bennett - Monday, July 17, 2017

The kitchen and living spaces are typically the hub of your house; and whether the others in the 'hub' are helping or just watching, it’s often where you'll connect and bond after a day at the office or school. Most people prefer an open plan layout for this reason; simply to fit all the people who want to congregate there. Since it's such a draw card; it needs to not only function well, but all look great too. (Read More)

Should you renovate before you sell?

Jane Eyles-Bennett - Tuesday, July 04, 2017

Most people assume that doing a full renovation before they sell will result in a higher selling price. Sometimes this is true, but not always. Before deciding whether to renovate to sell, you should do a bit of research and work out if renovating is right for your circumstances; and what areas you should spend your renovation dollar on.  (Read More)

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Hotspace does not conform to the expensive and exclusive stereotype of the design/decorating profession..." Thanks so much to Hotspace for your guidance through my renovation. Being in the building industry myself I was well aware that this r..
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MacDonald Street, Coogee, NSW (RENO)


*** Pre-sale renovation net profit (after reno costs but before selling costs and taxes) = $343,000 ***
-- Value of property increased from $2.6M to $3.1M in 4 weeks
-- Property sold before auction for $3.1M (less than 2 weeks from going on the market)
-- Reno costs approx $147,000 + $10,000 furniture staging (ie over $3 profit for every $1 spent)
-- Renovation completed in 4 weeks
 
You can see from this selection of photos that your whole house doesn't necessarily need to be totally overhauled when renovating to sell. A strategic renovation is what is required. Know your target market, budget and where you'll get the biggest bang for your buck; before you lift a finger!
 
Since we are based in Queensland and this property is in Sydney, our lovely client emailed photographs of his property to us. After reviewing the photos and discussing the property in detail with him over the phone, we prepared his Renovation Action Plan which he implemented with the help of tradies.
 
Whether you own a $500,000 home or a $5M home, we'd love to help you make a sizzling profit like this one if you're planning to sell. Call or complete our online enquiry form above to get in touch.
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