BENTLEIGH
Project Type: Renovate to Sell
Project
ID
48JAS
A WOWSER RENOVATION
This minor renovation was complete within two weeks, with nothing for the owners to do. Because they wanted to sell as quickly and painlessly as possible, we even staged the property for sale to ensure the renovation was complemented by stylish modern interiors.
THE CLIENT
“Cannot recommend Dennis and his team enough. Their workmanship, professionalism and positive attitude was excellent.
Dennis was great in helping us make final decisions when we asked for it. I felt comfortable and confident leaving him and his team throughout the whole project. Even after completion Dennis’s communication was excellent even after completion of the project.
We are so happy with the final result and wouldn’t hesitate to use Kudo homes again for future projects.
Thanks for making our house a Home” – Joanne P
THE FINAL RESULT
Kudo Homes was able to renovate and style the property to achieve a sale price of $888,000 – $163,000 more than the top of CoreLogic’s estimated value range. We achieved this result within two weeks with a budget of $36,000, and nothing for the owners to pay until settlement.
Selling price: the property sold for $888,000.
Owner investment: our client spent $36,000 renovating this property.
Based on the corelogic data, the owners profited $163,000 more than the estimated value range.
You don’t always have to spend big to make a good return. This two-bedroom property could have done with a new bathroom; it was clean, tidy and functional, but was significantly dated. However, the postcode deemed it unviable. Adding another bathroom to this property would have cost around $18,000 in additional funding which – in our opinion – had a too greater chance to eat into the owner’s profits.
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We assess your property, tell you what’s worth doing and what to leave, estimate the cost, and manage the work to your campaign date. We bring the team, you keep the savings.
