I mentioned in Monday’s post that our flip house fell through. A flip house felt (feels?) like the next step right now. Something we could work on to get our creative juices flowing. Feel unattached to. Improve a home on a tight budget, take you along for the ride and then pass it on. We searched for a couple weeks before landing on one that we really loved. We put an offer on a darling little house with lots of large arches and promises of exposes brick behind a few of the plaster walls. It was 100 years old and we agreed on an offer of $135K–a steal for the area. Because of its age and condition, we were anticipating a few problems to show up in the inspection but unfortunately it came back with more issues than we felt we could mentally take on right now–the crumbling stacked stone foundation ultimately lead us to withdraw our offer.
We got asked a lot, what we look for in a flip house and I think that will be different for everyone and definitely for every level of experience. Since this was our first and we were using it as a kind of pick-me-up project after a big loss, here’s our to-look for list:
• Location, location, location! We’re always on the hunt for a sad house in the midst of cared-for homes, a nice street, or homes that have a higher price tag. We also were looking for a home within 20-25 minutes of our home so we could work on it during the day easily.
• We also checked on the big ticket items–when was the roof installed? water heater? furnace? foundation? Is the electrical all still knob and tube? These things are manageable and doable (not by us) but will take time and money. We were fine with a home having one or two of these issues but any more than that could add up to less or no profit when you turn around to resell.
• Character. We really wanted to improve a home that was clearly a diamond in its day and restore some of that beauty.
• We were really looking for a house that we could tackle the majority of projects ourselves. DIY is a sort of therapy for us right now and we were looking forward to diving in and solving spacing problems creatively and picking out finishes.
• Lastly, equity potential–which basically sums up all of the above. A good ratio of bedrooms to bathrooms, decent comparables in the area and a list of to-dos that wouldn’t eat up an entire budget.
In this week’s Vlog, we take you behind the scenes of the flip (note: after our inspector finished, he invited us to the house and went through the whole report with him but asked to not be on camera)–also, HAPPY ENDING– a sneak peek into a project that fell into our laps that we’re pretty excited about.
We designed the Charly line of sofas, chairs, and ottomans with perfect proportions for comfort — with wide arms, a loungey depth, and stylish and practical lumbar pillows. Available in 70 kid-friendly, pet-friendly fabrics, this line was created with families in mind.
Our wood grain Shaker cabinet fronts were designed for busy, high-traffic homes like ours. Clad with durable textured thermofoils, this line is compatible with Sektion, Akurum, Godmorgon, and Besta cabinets from IKEA. It's the perfect, practical way to add the warmth of wood to all the rooms of your home.
We have teamed up with Loloi to create a line of rugs that are as affordable as they are beautiful. This collection houses a great mix of traditional and modern rugs, in cottage-y colorways, as well as vintage-inspired beauties that you’ll want to roll out in every room.
We partnered with Stuga on a line of hardwood floors — The Ingrid is really livable, and the color is very neutral. It doesn’t lean warm or cool, it’s that just right in-between. We have really loved putting it everywhere in our house. It’s the best jumping-off point for design, no matter your interior style. In addition to being beautiful, Ingrid is really durable — we have three kids, and we always have a home construction project going on. Ingrid stands up to it all.
Looking for our favorite things? A place to shop our home room by room, or just catch up on what Julia's wearing / loving right now? Browse the CLJ shop.
Befores, afters, mood boards, plans, failures, wins. We’ve done a lot of projects, and they’re all here.
We have a long-standing relationship with DIY, and love rolling our sleeves up and making it happen.
Even when you don’t want to rip down a wall, you can make that space in your home better. Right now.
Almost daily I get asked what I would call my home style. I don’t like to box myself in, but I definitely lean Modern Traditional with an emphasis on comfort when it comes to our home. This especially came up when I shared our Powder Bath Reveal on the blog. I think it changes slightly […]
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