Cherie Barber Emu Plains Renovation | Renovating For Profit

Cherie Barber
April 19, 2016
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Cherie’s Emu Plains Renovation

Larissa and her mother Wendy are wanting to renovate their old family home, which is currently owned by Larissa’s grandmother and Wendy’s mother. Unfortunately the house needs to be sold to pay for the continual nursing home costs where Larissa’s grandmother is currently residing. The entire house needs to be renovated before it is put on the market and unfortunately with Larissa’s grandmother residing in the nursing home, there is not a lot of spare cash to make this complete renovation happen. So the ladies have called in the help of Cherie Barber to see if she can turn around this entire house including the front and back gardens for around $30,000. Cherie needs to be strategic so that Larissa and Wendy can sell this family home and relieve the cash burden of continuing nursing home costs.

RENOVATION STRATEGY:

Cherie’s strategy is to stick to a very tight budget, whilst still renovating the whole property to a modern standard. Removing a wall and repositioning the kitchen to look out over the back yard will also create a new bedroom in the kitchen’s previous location, therefore making the property a four bedroom house and increasing resale value. One extra bedroom can increase the value of a home in this area by up to $30,000. Normally Cherie would recommend that the renovation budget should be about 10% of the value of the property, but in this case Cherie believes about 5% is sufficient for an effective and complete renovation.

The work included:

• Repositioning the kitchen.

• Frame in wall to create the extra bedroom.

• Remove one structural wall in lounge room.

• Refresh existing bathroom.

• Paint property throughout (internally and externally).

• Floor sanding throughout.

• Install skylight in bedroom 4.

• Roof spraying.

• Cement render – front facade only.

• Complete landscaping done DIY including new turf and repositioning of existing plants