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.