New Flip Home | Pre-Renovation Walkthrough How Far Do You Go?
As a seasoned actual property investor, I’m at all times looking out for brand new properties to flip. Just lately, I acquired a lovely 1700 sq. foot home that’s in want of a light-weight renovation. On this article, I’ll take you thru a pre-renovation walkthrough of the property and focus on the important thing areas that want consideration.
**Exterior Renovations**
The very first thing I seen concerning the property is the carport, which has nice utility however is in want of an excellent energy wash. The driveway and sidewalk additionally want a radical cleansing to reinforce the curb attraction. Moreover, there are some masonry fixes that should be addressed, together with changing some home windows to match the present twin glaze ones.
**Inside Renovations**
Transferring inside the home, I instantly seen the paneling on the partitions. My rule of thumb is to at all times test behind paneling for sheetrock, which is an effective signal. We will probably be stripping out the paneling and cupboards to offer the house a contemporary look. The laundry room, which is separate from the storage, presents a possibility so as to add worth by insulating and drywalling it to make it a part of the residing house.
**Rest room and Kitchen Upgrades**
The toilet and kitchen have already been up to date, however there are nonetheless some areas that want consideration. We will probably be changing fixtures, cleansing up the tile, and addressing any repairs wanted. Within the kitchen, we will probably be pulling up the vinyl flooring and changing it with a extra trendy choice, together with updating the cupboard knobs for a contemporary look.
**Last Ideas**
In conclusion, this new flip home has nice potential for a light-weight renovation that can improve its worth and attraction to potential consumers. By specializing in key areas each inside and outdoors the property, we are able to rework this home right into a fascinating residence that can appeal to consumers. Keep tuned for updates on the renovation course of and the ultimate reveal of this lovely property.
