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)

Hot Articles

Design principle proof in the pudding

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Budget blowouts

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

Testimonials

We saved money, time and got it right first time!" We recently employed Hotspace Consultants to help us renovate our home. Jane was extremely knowledgeable about design and renovations in general and easily tailored a solution specific to our..
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Pioneer Parade, Banora Point, NSW


Our clients bought this property specifically to renovate and then re-sell for a profit. They wanted to make sure they didn't over-spend or do any of the wrong things which would have cut into any profits they were anticipating. Their budget was reasonably lean, so the Renovation Action Plan we prepared for them was extra important for doing only the things that would add value - within their pre-set budget.
 
They sent photos of their property to us via email and then we discussed the property in detail over the phone. Ah technology! Once we'd reviewed the photos & sketch house plan and discussed the project in's and out's during a one hour telephone call, we prepared their Renovation Action Plan. They then went to work renovating the property according to our recommendations.

 
The result? $56,000 gross profit before selling fees, legals and holding costs (for 5 months while the house was renovated evenings and weekends) which works out to approx $36,000 profit before tax. The property was purchased for $255,000, renovated for $29,000 and then sold for $340,000 - exactly as predicted before we began the process.

For more information about how we can help you with your reno, be sure to watch the video on our home page and then give us a call on 1300 908 890 or +61 7 3482 2199.
 
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