How to add $75,000 to your home in just EIGHT weeks: First-time renovator reveals the simple ways she boosted the value of her property
- Anne, from New South Wales, added more than $75,000 in value to her home
- She did this in just eight weeks by updating the kitchen, painting and more
- Anne revealed how she carried off the impressive renovation, and her tips
- She followed Cherie Barber's blueprint; Cherie also shared her renovation tips
A first-time renovator has revealed how she added more than $75,000 in value to her property in Wollongong, New South Wales - in just eight weeks.
Having grown up in the south coast city and its surrounding suburbs, Anne knew it was a good place to find a rental property - and she also knew which streets were 'good'.
She and her husband viewed around 30 open houses before they settled on one they thought they could transform.
A first-time renovator has revealed how she added more than $75,000 in value to her property in Wollongong, New South Wales - in just eight weeks (exterior pictured before)
She and her husband viewed around 30 open houses before they settled on one they thought they could transform (exterior pictured after)
Anne purchased in a 'transitioning' working-class suburb popular with families, and saw the potential to turn the three-bedroom weatherboard into a four-bedroom home to rent out (pictured before and after)
Anne and her partner relocated the kitchen so that it could have a better layout, and then installed a new Kaboodle kitchen for $8,000 (kitchen pictured before)
They then added new spotted gum laminate flooring throughout, and updated the window coverings and the lighting - as well as doing painting inside and out (kitchen pictured after)
Speaking to Renovating For Profit, Anne said they purchased in a 'transitioning' working-class suburb popular with families, and saw the potential to turn the three-bedroom weatherboard into a four-bedroom home to rent out.
They planned to convert the old sunroom into an extra bedroom, and also take down four internal walls to make the living areas open plan.
Anne and her partner relocated the kitchen so that it could have a better layout, and then installed a new Kaboodle kitchen for $8,000.
They then added new spotted gum laminate flooring throughout, and updated the window coverings and the lighting - as well as doing painting inside and out.
Anna completed a bootcamp in June 2018 led by Australia's renovation queen Cherie Barber - and learned what adds value and what doesn't (bedroom pictured before and after)
'It was certainly a learning curve, I had no experience managing trades and was down here about three times a week throughout the renovation,' Anne said (interior pictured before)
Flooring and paint can make a real difference to the overall look and feel of a home (interior pictured after)
'It was all done according to Cherie's cookie cutter palette of materials and paint colours,' Anne told Renovating For Profit.
Anna completed a bootcamp in June 2018 led by Australia's renovation queen Cherie Barber - and learned what adds value and what doesn't.
'It was certainly a learning curve, I had no experience managing trades and was down here about three times a week throughout the renovation,' she said.
Elsewhere, they focused on painting, updating the yard and rebuilding the deck, which faced out onto a park (garden pictured before and after)
By rebuilding the deck (pictured after), Anne and her partner created a spacious new entertaining area
She said one of the biggest things she learned was that you shouldn't always choose the cheapest quote.
'I did that with the roof painters and it ended up costing me more to get problems fixed,' she said.
Elsewhere, they focused on painting, updating the yard and rebuilding the deck, which faced out onto a park - and by doing this, Anne and her partner created a spacious new entertaining area.
Best of all - they did all of this in just eight weeks are were able to find a new tenant who is paying $545 per week.
'I've definitely got a hunger for renovating after this project and I'm keen to take my learnings from this and improve on the next one,' Anne said.
Having purchased the property for $508,000 in May 2018, by the end of the renovation she had spent $57,000 and added $77,000 in value.
Speaking previously with FEMAIL, Cherie Barber shared her tips on the 'tiny tweaks' you can make to add major value to your home.
For Cherie, internal painting is the first non-negotiable thing you need to do in order to increase the worth of your home.
'Internal painting is called liquid gold for renovators, because of the difference it makes,' she explained.
'It doesn't cost much, but is a great way to change up your house.'
She also said you should prioritise flooring, window furnishings and getting rid of clutter.
Where you put your furniture is as important as what furniture you have.
'In the small apartment, it was all wrong as you basically fell over the living room and walked into the sofa when you came in,' she said.
'Be clever with furniture placement in order to get the maximum amount of space from your home. And remember bigger isn't always better.'
Comments 0
Share what you think
No comments have so far been submitted. Why not be the first to send us your thoughts, or debate this issue live on our message boards.
