A Throwback to Simpler Times
This month’s home renovation features a property with a lot of character and was a great opportunity for the HomeUnion investor who purchased this rental. This quaint, 3-bedroom home is located in Ohio’s Cleveland Heights area. It had been recently remodeled and very well-situated, since it stands in close proximity to neighborhood’s parks, as well as the Downtown center. The modest 50’s style in which it was constructed immediately recalls memories of a simpler time and once a renter steps inside, its coziness is unmistakeable.
As the property had been recently repaired, it was a matter of making a few extra safety and cosmetic updates to get the property rent-ready. Here’s what HomeUnion’s Asset Management Team accomplished:
- Minor roof repairs
- Electrical wiring replaced
- Fixed or added hand rails
- Light landscaping
- Added new appliances
Our results were multi-purposed: a safer, cleaner, more comfortable residence for tenants and a minimal-upgrade that ended up saving our investor a lot of money. In fact, the entire rehab process for this home ended up being a respectable 65% (or $7,200) less than originally expected! Who says you can’t have your cake and eat it too?
How this Renovation Turned Out
About HomeUnion’s Asset Management Team
Spearheaded by real estate professionals with years of experience in the real estate and property management industry, HomeUnion’s Asset Management team is responsible for overseeing the rehab, handling repairs and maintenance, marketing the property to tenants, tenant screening, and a great deal more. Learn more about the process here.