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Before and After Flip Reveal: City Living with a Lake View

house flipping, how to flip a house, home renovation, real estate, real estate investing, learn to flip a house, house flipping business

When it comes to changes this one is going to definitely be a standout. Not necessarily from the renovations though there’s plenty to see, but from a purely visual perspective.

As it so happened this was a house that was inherited by a distant relative of the homeowner. Knowing that the home would require some preparation for a traditional sale he chose to sell the home off-market rather than list it.

For many people, the ability to do this is a less stressful option. They simply have to agree upon a price and then they can opt to leave all the personal items in the home as well as not have to worry about an inspection, requested repairs, an appraisal, or traditional lending.

When I was first approached about this home I was on the fence. Primarily because there were so few homes in this area that had sold in the past 12+ months. That information is important and is key to helping determine what the after repair value will be. After walking through the house and looking at the spaces, the overall condition, and noting the potential it was clear that there was plenty of opportunity to add value.

The home was built in 1993 and had a completely unfinished basement. There were nearly 1400 square feet that could be finished to include a large family room space, two generous bedrooms, and a new ¾ bath. What was so unique about this level is that the ceiling height was 9 ½ feet tall. That’s significantly more space than many of the 7-foot ceilings we work with in older homes.

Planning the project-centered around budget and the must spaces. Though the age of the house was much newer there had been some unusual wear and tear in areas so all of that needed to be addressed. There were really no other areas in need of structural changes. Just a few areas that were a bit odd or strange that were easily improved. Those areas were in the upper bedroom areas where we had a strange deck in the owner’s suite that was eliminated, a two-sided fireplace between the bedroom and bathroom, and a bathroom layout that felt cramped and anything but relaxing.

Here are the photos so you can see the spaces before –

Moments to note. The entire kitchen was installed new. And with a fairly common layout, you’d think that it was simple. But actually, this plan was a bit of a head-scratcher. There were multiple versions created before this one made the cut. In order to utilize the space and include the proper walkways the modified island was the key.

And since the house was built in the 1990’s there wasn’t a distinct style or original details that determined the design of the spaces. So the stacked backsplash, the matte black lighting, the light wood engineered floors combined to create a fresh modern traditional feel throughout. The perfect backdrop for someone to add more taste-specific details or bring in their preferences with furniture and accessories. One of my favorite ways to customize any space with low commitment.

Changes to the owner’s suite involved all new everything. From the tile, vanity, and lighting to the shower and tub. There’s no mistaking this space for anything but an opportunity to relax. The newly installed soaker tub fits perfectly in a corner with sunset views to enjoy at the end of each day.

Considering the lower level was truly a blank space any upgrade would be an improvement. The addition of the bar, the tile floors, the two new bedrooms, and an all-new bath (with an amazing graphic tile for the floor), there is no question that the potential of this home has been realized.

Ready to take that next step when it comes to flipping?

Perfect! I’ve got additional resources to help you get the information you need to move forward on creating your flipping life.

Make sure you have the Fixer Upper Checklist so you know which areas are key to added value in a home.

There are several videos available on finding houses, renovations, and funding on the Threshold Homes YouTube Channel. Check out your favorite flipping topics and new videos weekly.

You can’t close a successful and profitable flip unless you start. What is your biggest challenge with getting started house flipping? Let me know. It may be an area I’ve also had questions about myself. I’m here to help, so drop me a DM.

Want to buy a property and renovate it?

Get my checklist that will help you — 8 Things I look for When Purchasing a Home. Just click here to download it.

Love before and afters?

Follow us on IG @thresholdhomesmn and FB @thresholdhomesmn to see the projects we’re working on. And for more ideas on renovating & restoring fixer-uppers!

Are you looking to buy a house to renovate? Check out the fixer-upper checklist to help you find the house with the most “flip” potential. For more inspiration, follow me on Pinterest @emmadavis

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