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 You know the sort, it starts with just doing up the bathrooms, but that makes the kitchen look out of date, so you have to do that too.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

Hotspace were so helpful, available, enthusiastic and totally committed..." I found Hotspace Consultants to be very effective, although I was a bit hesitant at first to work only via photographs, phone and e-mail. But the results proved the process..
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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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