interior design.
Kitchen.
Services: residential interior design and staging
Design Brief: consult on flooring, cabinets, counters, and new layout
Budget: $30,000
Colonial.
Services: residential interior design
Design Brief: update powder bath and screen porch, gut kitchen remodel, update layout of living and dining rooms, add a pantry, dry bar, add built-ins, add front entry, update walk out basement, new paint, lighting, electrical and flooring throughout
Budget: $75,000
Home Appreciation Increase: 67%
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Midcentury.
Services: residential interior design and staging
Design Brief: renovate kitchen, bathrooms, bedrooms, living areas, basement & update exterior
Budget: $20,000
Annual NOI & Cash Flow: $7,600 from tiny home and/or basement rental.
Home Appreciation Increase: 47%
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Foursquare.
Services: residential interior design and staging
Design Brief: update kitchen, bathrooms, new paint throughout
Budget: $4,000
Home Appreciation Increase: 7%
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Chalet.
Services: commercial interior design and strategy
Design Brief: update kitchen, bathrooms, main living area, bedrooms, pantry area, and new flooring throughout the property to increase profit margins, while appealing to a key tenant base to decrease vacancy rate
Design Budget: $6,000
ROI Value: 35% (IRR)
Annual NOI: $32,000
Annual Cash Flow: $24,000
Vacancy Rate: <1%
Key End User Persona: 30-40 year old, remote worker, moving from larger city
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Cottage.
Services: commercial interior design and strategy
Design Brief: remodel an economy unit’s living area, bedroom, and kitchen and furnish fully to increas rental profits and lower vacancy rates
Design Budget: $10,000
ROI Value: 37% (IRR)
Annual NOI & Cash Flow: $14,000
Purchase Capitalization Rate: 29%
Vacancy Rate: 1%
Key End User Persona: 20-30 year old, traveling professional, such as a nurse