Renovations that WORK and Make “Cents”

Just yesterday I spent from 12:00-3:30 and then 5:30-7:00 with two different buyers working on renovation puzzles.  Two very different situations on the same day almost back to back.

Situation ONE:  Historic House that had been most recently housed a billing office for a health organization.  The property is located on a busy street with more than ample parking.  The back of the property includes a beautiful, wooded ravine.  Garage has a loft upstairs and a small apartment underneath…very unique property.  My team of buyers included the investors, family, home renovator, business partner, and me.  Plan is to convert the property to a family residence. law practice, and another small home business.  So many unknowns…but a team to research and find answers.

Situation TWO:  An older couple (about my age if they are reading my blog) that are starting a new life together.  He is very practical but also open to new ideas.  She is an accomplished decorator that can make everything look absolutely beautiful.  This was so much fun…Although at times, she and I were teaming up for some very persuasive arguments for renovation.

Brainstorming possiblilites is so much fun…because I have the opportunity to be creative…and to encourage others to think outside of the box.  This is the first stage of renovation…and then comes the details, roadblocks, and expense.  Resale value is always the most important factor I consider…how good is this as an investment???

NARI (National Association of the Remodeling Industry) is holding their annual Home Inprovement Showcase on Sept. 17 and 18.  This will include a tour of homes that have recently been renovated.  This is a great show for anyone interested in Home Renovations and/or keeping up with trends and products.

Tips from NARI:

1.  Don’t limit yourself to possibilities until you have completed your research.

2. You are the Priority when interviewing or investigating remodeling companies, products, and materials.

3. Keep a list of what you like…take a camera and notepad.

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