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101 Kitchen & Bathroom Renovation Designs, Ideas & Tips
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Home Renovations Project Management System
Buying To Renovate A Case Study
As Melbournes property market becomes more competitive for quality stock in prime locations many purchasers are now adopting a creative strategy of buying to renovate to get the home they want. This case study shows you how to enter the market on your terms, the design and renovation process and how to ensure you have a beautiful home.
Download Your Free Ebook: Buying To Renovate - Get Your Perfect Home For Less
It Saves You $000s
Given steady price growth throughout Melbournes inner and middle suburbs, many buyers find themselves priced out of their preferred market or housing type. Auctions have become more competitive and cashed up buyers show strong interest better quality properties.
However buying the right un-renovated home for between $800k and $1M then spending $100k to $250k to renovate will usually deliver a quality product valued in the $1.3M to $1.5M range.
Importantly, this approach (1) allows you to enter the market at your preferred budget and (2) builds equity in your home for your financial security in future years. It can save you hundreds of $000s.
This is exactly what our clients recently did with their new Clifton Hill home.
Create Your Home to Your Unique Taste & Lifestyle
Once theyd acquired the property, they requested a design for their home that fit their own tastes including a true cooks kitchen to enable their passion for south-east Asian food. They also wanted to update the bathroom and laundry while refurbishing the rest of the house to their taste.
Heres the design and renovation sequence for their home.
1. The kitchen in the home they purchased.
2. Our designers produced 3D renders and plans
3. Then the works got underway (about one week into the renovation)
4. To deliver their ideal kitchen (plus other rooms)
Throughout the process, the clients kept arms length control of the renovation with a handful of key meetings.
Overcome Scarcity of Suitable Properties
Buying and renovating enabled them a far greater choice of properties in their preferred locale as they were no longer confined to buying only the best quality properties in their ideal suburb. Instead, they could look at ALL the properties coming onto market, relying on the renovation to deliver the propertys true potential
To find out more about buying to renovate and how to do it successfully (without renovation grief!), please call us on 1300 768 464 for an obligation free chat.
Download Your Free Ebook: Buying To Renovate - Get Your Perfect Home For Less
Try our Online Renovation Costs Calculator
More Renovation Case Studies
- Case Study - Kew See how this client modernised their home, renovating their kitchen and bathroom with some light touches throughout
- Second Storey Renovation Case Study - see before and after photos of this well designed second storey extension
- Small Bathroom Renovation Case Study - This bathroom renovation ceated more space for the client and her maturing family
- South Melbourne Renovation Case Study - Created more room while modernising the home
See before and after shots or Book your own renovation design workshop.