Saturday 14 May 2011

Currambine Makeover - Progress Report 1

My current project is an ex-rental property in Currambine and progress is going well, on budget and on time....you can view the .Currambine Presale Makeover on my website.

The property is an ex-rental that has been poorly managed by the property managers and there has been substantial amount of work to bring the property even to just a reasonable state for sale.  The property has some great features and is on a good size block on a quiet street.  It has large multiple living areas which can be used as either a parents retreat or kids games/TV room.  There is a real demand in todays buyers market for split living areas/retreats.

The bathrooms are slightly dated, but are very clean and are in great condition.  It really wasn't worth the extra money to update the bathrooms in this market and given the needs in other areas due to the poor management of the property.  The budget just didn't stretch that far, but there are things that can be done to minimise the bathrooms being slightly dated.  Painting, update tapware, accessories, blinds and styling.

The backyard is coming up a treat.  It was very plain, no shade, bare patches of garden mixed with overgrown patches of garden, chipped tyles, badly placed shed, rusted BBQ etc.  Overall it was really unappealing.  The feature of the backyard is the spa area, therefore it is important to ensure this is maximised so that it becomes the key feature in the backyard and buyers attention is taken straight to the spa and BBQ areas followed by the garden.

The front entrance has a little courtyard and the owner wanted to put in a water feature.  Very keen to do this as the owner wanted the front courtyard to be very appealing.  Totally agree about making the courtyard appealing.

However, the cost of buying a water feature that would be suitable for the area, the electrical work and plants saw a budget set at around $1200.  I managed to talk the owner out of the water feature idea and invest in styling with large pots and appropriate plants. 

This area is still to be completed, but watch this space.

The water feature would not be a good return on their investment, therefore I can't stress enough be mindful of what you spend your Spruce Up budget on. 

There are so many cost effective areas that sellers can spend money on that will help modernise the home such as tapware, blinds, flooring, tiles, sinks, door handles, lighting etc.

Activities for this week, new blinds, carpets, front yard, lighting, kitchen etc.... So keep posted there is much more to come.

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