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Updated almost 7 years ago on . Most recent reply

User Stats

85
Posts
65
Votes
Hannah Krebs
  • Flipper/Rehabber
  • Saint Paul, MN
65
Votes |
85
Posts

Full Cosmetic Remodel on our 1120 sqft SFH

Hannah Krebs
  • Flipper/Rehabber
  • Saint Paul, MN
Posted

The 1970's were a heck of a decade, judging by the state of this house when we bought it. Wood paneling, green shag carpet, floral wallpaper, and yellowed curtains dominated the natural beauty of our 1912 beast. We have redone the whole house, costing roughly $5,000 and a ton of long days. We bought this house as an estate for $95k (though we knocked some off in inspection as well). Most of the money went to replacing appliances as the old ones went out on us. The second biggest cost was removing a load bearing wall in the kitchen and adding in a beam. We are fortunate that our city has guidelines for this, and we were able to just buy the permit and do the work ourselves.

We list this house in 2 weeks for 129.9k. It'd make a great rental (rent would be $1,350 according to the property manager we met with), but we moved from Duluth to Minneapolis-Saint Paul and aren't comfortable having our first rental out of driving range. The original pictures are from the ad for the house when we bought it. The realtor must have just figured out Snapchat filters judging by the quality. Let me know what you think! I'm a mechanic, not an interior designer..but I think it turned out all right!

Most Popular Reply

User Stats

70
Posts
100
Votes
Keith Linne
  • Investor
  • Minnetonka, MN
100
Votes |
70
Posts
Keith Linne
  • Investor
  • Minnetonka, MN
Replied

@Hannah Krebs - Looks great! Lots of work, but I’m sure it will be worth it once you sell!

I live in the cities now, but grew up in Duluth and I'm actually building a portfolio of SFH rentals there. Would you mind messaging me with the address, beds, baths, etc?

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