Memo Architectuur organizes home renovation around spiral staircase

A spiraling staircase and concrete flooring characterize this renovation of a dilapidated row house in Mortsel, Belgium, designed by local studio Memo Architectuur. Originally consisting of two stacked apartments, Memo Architectuur overhauled the spaces to form a single-family home, adding an additional floor to align the building with the streetscape and maximize interior space. The […]

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Melbourne auctions: Majestic Ormond home renovation makes new record splash

20 Anthony St, Ormond just sets a new record for the suburb. An Ormond man whose house set a new $3.65m suburb record wanted to fly the agent to Thailand to celebrate last Saturday. The five-bedroom Californian bungalow at 20 Anthony St overtook Ormond’s previous $3m benchmark, set by 27 Leila Rd in 2021, by […]

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Low property values, high renovation costs create a cycle of closed doors for small-scale rehabbers living in Detroit

A little more than 25% of housing units in Detroit are vacant—a staggering 92,000 units. For longtime Detroiters bearing witness to this in real time, a number of this magnitude carries complex weight. Few would blame residents for feeling compounded emotions after years of population decline, overtaxation, and foreclosure followed by land bank auctions, property […]

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New Tax Credit Makes Home Renovations More Affordable | News and Media

Released on December 3, 2020 Legislation for the new Saskatchewan Home Renovation Tax Credit was introduced today, fulfilling the government’s first commitment in the recent election campaign. “This new tax credit will make the cost of home renovations more affordable and will help drive Saskatchewan’s economic recovery,” Deputy Premier and Finance Minister Donna […]

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Here’s why the costs of home renovations are rising

Homeowners planning major renovations this year could face sticker shock. The price of construction and building materials rose 3% in February from a year ago, labor data shows. But some items have skyrocketed. The cost of construction bricks has jumped 25%, while general contractors are charging more amid a shortage of skilled workers, Wall Street […]

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IN FOCUS: ‘It was a nightmare’ – Why are renovations still such a minefield for home owners?

Altogether, timelines have had to be extended. “Before COVID, a resale flat would’ve taken one-and-a-half to two months, but now we need at least three months,” said Mr Yea. Carpentry used to take seven to 10 days, but now the minimum lead time is 20 days, he added. On the other hand, wages have shot […]

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Beach house renovation turns Torquay fixer-upper into stylish home

“We took it all apart.” That was hardly an overstatement. Much of the drab, brick facade was disassembled and repurposed. The floors were lowered and internal walls reconfigured. Nine years later, the new home is barely recognizable as what once stood at 13 Aquilla Avenue. The old kitchen, which featured a fireplace which also opened […]

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Government to hand out $25k grants for housing construction, renovations to bolster industry

The Federal Government will give eligible Australians $25,000 to build or substantially renovate their homes, in an effort to boost demand in the construction sector and keep builders employed. Key points: The scheme will give $25,000 grants to eligible homeowners, but recipients will need to spend at least $150,000 of their own money The Government […]

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