77K return . . . but I wouldn't do it again!

[Douglas Larson]

Older home with great bones built in 1942 - needed full remodel.

Purchase price: 235k - short sale
Projected costs and time: 45k and 3-4 months.
Actual renovation & carry costs $86k and 8 months of work.
Commissions/concessions $22k
Sale Price $419,900
Net gain $77k

Most proud of... Kitchen and master bath.
Most stressed by... HVAC system overhaul $8,300 after 7 different bids from 7k to 20k.
Take-a-ways: 

- old houses offer many unforeseen challenges.
- cat pee is really nasty!

- it's really fun to see a diamond in the rough take shape!

Kitchen before...

Kitchen after...

Liv rm before . . .

Liv rm nearly complete...

Master bath after...