Hotspace Blog

Two-storey home renovations

Jane Eyles-Bennett - Monday, February 05, 2018

Renovating the facade of a two-storey home is entirely different to renovating the facade of a one-storey home. Use these top tips to make sure your two-storey home reno looks the best it possibly can…

Create a visual anchor
If you were to stand on the road and look along the driveway towards your house, you should be able to get an idea of how your property presents, and how much ‘visual anchoring’ it needs. To visually anchor a property is to give it a sense that the house is anchored in place. It is quite a subtle thing but when done well, it makes an enormous difference to the overall aesthetic of the entire property.
 (Read More)

Renovating with Kids

Jane Eyles-Bennett - Friday, November 24, 2017

In my business, I help home owners work out the look, feel and overall design of their renovation rather than the physical implementation. Lucky me - for the most part, my clients manage their own renovations; including navigating the ins and outs of renovating with their children in the picture. If this is you too, I’ve come up with a list of things that should make the process easier. (Read More)

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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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