Getting the House Appraised

Our goal is to see how much value we can add to the property via minimal $ input into renovation and DIY inside and out. That means that we need to know the starting market value of the property.  

We decided to enlist the aid of a local real estate agent to get an appraisal for the property. They give out free appraisals - which is a good starting point, so Jeremy met with them last weekend to view the house and discuss with them what might be some good ideas to achieve our goal.

We are currently waiting to hear back what the appraisal $ amount is.

Once we know this, we can estimate the amount of $ we want to spend on renovations, and then predict our ROI (Return On Investment).

We have already received some really good information from them regarding recent sales of similar properties in the area, rental value, tips on styling and renovating, and what features of the house we should focus on re-vamping.

The main attractions for the property is: it has 2 bathrooms, a large section size, easy off street parking and rear access, and shed storage.

Because the inside spaces are on the smaller side we are looking to reduce the amount of furniture and keep an open flow to the spaces.

Today Jeremy started ripping down the sunflower wall paper in the kitchen...apparently not the easiest task to do...