Category: House Renovation

Memo Architectuur organizes home renovation around spiral staircase

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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 renovation combines two stacked apartments into one home “The residents wanted a light-filled home with spaces that seamlessly flowed into each other and where as much contact as possible would be encouraged,” lead architect Yasmijn van Winkel told Dezeen. “The only elements that have been…Continue Reading

Melbourne auctions: Majestic Ormond home renovation makes new record splash

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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 a whopping $650,000. Buxton Bentleigh’s Claude Mery said four bidders competed for the keys to the Anthony St abode boasting restored period features, an outdoor kitchen and a glass-tiled pool and spa. RELATED: Ormond house mural by Heide Circle artist unearthed ahead of auction ‘Go…Continue Reading

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

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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 speculation and more than 19,000 residential demolitions. Nevertheless, residents have not succumbed to the overwhelm. Instead they have never stopped trying to acquire and rehabilitate homes and small-scale commercial properties in neighborhoods throughout the city. It’s a fraught with challenges. The reality is that the…Continue Reading

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

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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 Harpauer said. “It’s part of our government’s plan for a strong recovery and a strong Saskatchewan.” Under this non-refundable tax credit, Saskatchewan homeowners may save up to $2,100 in provincial income tax by claiming a 10.5 per cent tax credit on up to $20,000 of…Continue Reading

Here’s why the costs of home renovations are rising

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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 Journal reporter Rachel Wolfe told CBS News. “That has led to these projects just dragging out and dragging out,” he said, adding that some Americans are just “living in these half-finished houses among piles of construction debris because there just aren’t enough workers to finish…Continue Reading

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

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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 up by 30 to 50 per cent. “Everyone is asking for a higher salary because of supply and demand. There’s a lot of demand but not enough supply.” The price of all materials, such as wood and cement have also risen in the past one…Continue Reading

Beach house renovation turns Torquay fixer-upper into stylish home

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“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 into the living room. Credits: Domain The fairly average-looking 1980s brick structure became a stylish modern home with what Dunstan said was a timeless street presence and well-manicured garden. “It’s all clad in cypress, it doesn’t change color, it doesn’t need much maintenance,” she said.…Continue Reading

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

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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 hopes it will ease a predicted downturn in construction demand Labor and the Greens have called for the Government to invest more in social housing Industry bodies are painting a grim picture of the second half of this year, warning that the economic downturn associated…Continue Reading