Matt Salviccio, the owner and developer of Salviccio Properties, spent $620,000 to buy a more than 14,000-square-foot two-story building at 4650 Hampton. The resident of South City intends to remodel the property and convert the building into 15 modern loft apartments for roughly $1 million. The apartments will be of high-efficiency and will vary in sizes from 650 to 800 square feet, which will comprise of a master bedroom, one and-a-half baths and a high-end kitchen with stainless steel appliances and granite countertops.
A recent article in prlog.org states that “Hilliker Corporation, a locally owned and managed commercial real estate company in St. Louis, Mo., recently assisted its client buy a property to be developed in his own neighborhood. The site is the former home of American Eagle Credit Union.”
More specifically, the article mentioned that “There will be a full loft roof top deck featuring an outdoor kitchen, exterior seating, fire pits, and an expansive view of downtown. The parking lot holds 44 cars, and rent will range from $750 to $950 per month per unit.”
You can read more at prlog.org.
Like Matt Salviccio, homeowners can also renovate their place or tweak it into something better. They don’t even need to buy a new property to get a new feel of their place. They just need to know how they can upgrade their place, not only for comfortable living, but to add value to it, especially if they are considering selling the property.
Many people consider home remodeling as a true labor of love. Whether you are remodeling the interior, or doing work on the exterior such as landscaping or gardening, most homeowners nowadays try to tweak their homes based on their likes and dislikes.
A blog by klaudiascorner.net even says “Everyone can agree that it’s nice to come back to somewhere comforting and familiar after a rough day at the office. But, there does come a time where you may need to think about other people when making changes to your home. This is when you may be thinking about selling your home in the near future.
This is why you may need to start thinking of things you can do to your home to help raise its value before you put it on the market.”
According to the blog, “Open plan living is now more fashionable than it’s ever been. If you have a wall in your home that is non-structural, consider knocking it down.” However, “Always check with a professional first for what constitutes ‘structural’. After all, you don’t want to risk knocking down a wall and then the rest of your homecoming with it.”
Additionally, the article states that, “this most important thing to get right when you are doing up your home to sell is the kitchen. New homeowners tend to look at the kitchen as their first port of call for remodeling. If you can provide some brilliant kitchen home additions already, you are one step ahead of them – and therefore closer to pulling a sale.”
For the flooring and the garden, the blog advises to “always consider getting laminate or wood flooring installed rather than carpets, as that way you will appeal to pet owners too!” And, “It makes sense to have a beautifully presented garden for potential buyers to come and look at. Spend an afternoon trimming, pruning and clearing and your garden could be the very thing that seals the deal for you.”
Renovating and upgrading your home may not be a very easy task and professional help may be required in some areas, but it is a significant step towards a guaranteed real estate profit.
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Interior and Exterior Home Improvements That Raise Property Values was first seen at Schwartz Brothers Landscape Solutions
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