The new owners of this home in the USA inherited a backyard shed that was far too large to ignore. With some clever DIY, they managed to turn their backyard "eyesore" into a moneymaker.
It took them a year of fitting in DIY work in the evenings and on weekends after their day jobs, but the couple now has one very cute tiny house for "beloved—and paying—guests," according to Apartment Therapy.
Home renovations hit a 14-year high last years as tighter lending conditions saw fewer Aussies move house.
In fact, the volume of renovations in the September 2018 quarter was 11 per cent higher than the same quarter in 2017.
And with the Australian property market set to fall further, this could well continue, says Master Builders Australia’s chief economist, Shane Garrett.
When Jane Goodall and Christopher Parkinson bought 42 Durack Street in Downer – then a typical Canberra 1960s property – in 2013, they were planning to simply extend the house.
“We fell in love with the beautiful oak trees that line the street. It’s a friendly, quiet neighbourhood but surrounded by lots of good cafes, restaurants and walking trails,” Jane explains.
Renovating is one way to improve the value of a home prior to sale, but significant improvements can be costly and time consuming, and not everyone has the spare cash to splash on an extensive reno.
So how do you get the best price for your fixer-upper for under $5000?
She has worked all over the world from LA to North Queensland and the Southern Highlands. Interior designer Nola Charles has now transformed her Central Coast apartment. Check out the before and afters.