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 You know the sort, it starts with just doing up the bathrooms, but that makes the kitchen look out of date, so you have to do that too.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)

Hot Articles

Design principle proof in the pudding

Some properties just have the x factor don't they? Whether designed by an architect or an interior d.. more

Budget blowouts

It's no secret that the number one trick for a successful investment property renovation is to remai.. more

Testimonials

... the perfect prescription for avoiding costly mistakes". Consulting Hotspace was the best step I took during the entire renovation process. Their professional service is one of a kind and their know-how is priceless. Hotspace helped me to ..
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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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