A contemporary renovation for rental, transforming a dark, un-rentable house untouched for over 30 years, into an appealing and modern rental property. 

New modern floorboards, painting inside and out, re-configured and updated kitchen with new appliances, contemporary lighting, window furnishings, bathroom re-tiling and fixtures.  This brought the house into the ‘now’ and made it very desirable.  It was achieved on a low budget in a short period of time and attracted renters before the renovation was complete.

Therefore the 2 week marketing campaign for rental was unnecessary, providing a cost savings on the marketing as well as a reduced mortgage, with the earlier than expected rental funds.

Renovation time 5 weeks

Renovation cost $30,000

Capital value increase from $995,000 - $1.2 - $1.4 million

Rental rate increase from un-rentable to $590 per week