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Stewart Flip House | Part 8 - Basement + Misc - MeshedDesigns

| BEFORE + AFTER | 500 Main Street – Part 8

The last large expense ended up being a new furnace and AC! When we had the furnace checked, it failed and had been leaking [thank goodness not back into the house] and inefficient so we replaced it immediately.

On top of all of the supplies, we of course have labor and if I tracked it right, we’re at about 1,100 hours! It sold for $224,900 and if you remember from the beginning, we paid $85,000. I know doing that calculation, it looks like a really BIG profit 🤑 but when subtracting out all of the expenses and labor, we’re escaping with very little.

As I mentioned, I know I over did it on some finishes, but I just can’t be like every other “flipper” and cob it together with boob lights, poor craftsmanship, and unthoughtful design. If that’s dumb on my part and not bringing home bank, than so be it. I’m striving to improve the industry and thinking of the buyer and how I’d want a home’s quality if I was moving in. Not only that, it’s improving our neighborhoods!

The final bathroom view of the Stewart Flip Home.

RECAP

I kept with the same colors throughout the home, fairly neutral black, white, gray, with the warmth of wood.

We used the same LVP flooring in the bathroom and kitchen/mudroom/laundry for flow.

And, two different sizes, but same look, of subway tile in the bathroom and kitchen.

Anything that needed to be accented or was painted joinery became black for contrast.

All of the walls were either Agreeable Gray or Alabaster with the millwork being Arcade White.

 

Sticking with an overall color pallet throughout a home is important for a cohesive look and this way each room can develop it’s own personality through furniture and accessories.

TOOLS + MATERIALS

COSTS

  • Plumbing: $2,340

  • Drywall Repairs: $500

  • Furnace + AC: $6,600

  • Exterior: $1,000

  • Garage: $1,000

COLORS + FINISHES