Tarek El Moussa and Christina Haack have been busy this previous 12 months. El Moussa married Heather Rae Younger, and Haack acquired engaged to Joshua Corridor. Even so, these former spouses nonetheless handle to renovate homes collectively, and have simply rolled out Season 12 of “Flip or Flop.” The present, in any case, should go on!
Within the season premiere, “Takeover Flip,” El Moussa and Haack tackle a three-bedroom, three-bathroom fixer-upper in L.A.’s Highland Park neighborhood that one other investor had tried, and failed, to complete. The home is in awful form, with half of it solely partly rebuilt.
Nonetheless, El Moussa and Haack purchase the property for $780,000, hoping to renovate it for $160,000. And in the long run, El Moussa is bound that is one in all their highest flips. Right here’s why, and the way your personal house may benefit from a few of their hard-won knowledge.
A brand new door can add huge curb attraction
When El Moussa and Haack first see this home, they’re by no means impressed.
The earlier investor had torn down the partitions and the roof within the entrance front room, leaving little or no to the entrance of the home. So that they rebuild this space and add a brand new entrance porch. Then they paint the home white with grey trim.
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Nonetheless, Haack is aware of this house isn’t fairly completed.
“There’s yet one more factor I feel we undoubtedly want: a greater entrance door, one thing extra trendy, some wooden and glass.”
The crew installs a chic new door that matches the trendy exterior. It’s an ideal addition that pulls the entire exterior collectively.
Make the vary hood an announcement piece
Inside, Haack and El Moussa determine to offer the kitchen a Hollywood glam design, selecting black cupboards and a white tile backsplash with gold accents. To drag the look collectively, Haack suggests a spread hood in black.
El Moussa isn’t certain in regards to the surplus of darkness.
“Don’t you suppose it’s an excessive amount of black?” he asks. “Black hood, black cupboards?”
“No, as a result of I’m considering that we’ll incorporate a bit of little bit of brassy gold,” Haack replies.
Certain sufficient, the crew installs a black hood with gold accents, which completely enhances the remainder of the kitchen.
Haack is pleased with her alternative: “That hood was key.”
With the kitchen design finished, Haack and El Moussa understand there’s one thing lacking in the lounge design.
El Moussa suggests fake ceiling beams to match the flooring, and Haack loves the thought.
“That can actually intensify, like, the excessive ceilings and every part, and I feel once you stroll in that’ll make every part pop,” she says.
The beams value $2,500, however the look is actually value it. The beams add some much-needed character to this new front room.
Use related however not an identical tile within the bogs
In the main bedroom, Haack suggests utilizing a ravishing white and gold hexagonal tile within the bathe. Instantly, El Moussa loves the look.
“That is going to come back out to be one in all my favourite homes ever,” he says.
Nonetheless, Haack is aware of that designing the opposite bogs gained’t be fairly as simple.
“I’d like to do all of the bogs in it. Nevertheless, it’s $35 a sq. foot,” Haack says.
El Moussa suggests giving the opposite two bogs an identical look by putting in plain white hexagonal tile with gold grout. Gold grout will not be a typical look, however as El Moussa says, “There’s a primary for every part.”
Ultimately, the gold grout seems nice. It enhances the expensive tile within the grasp tub at a a lot lower cost. Plus, this completely different tile design permits the bogs to look distinctive.
“We did a very good job right here of creating the entire home stream actually properly with out making it look precisely the identical,” Haack says.
A fence is a should for privateness
El Moussa and Haack know the yard will want plenty of work.
“This yard’s a multitude,” El Moussa says. “I don’t even know the place to start out.”
They spend about $15,000 including a concrete patio, deck, and fireplace pit. Even after making all these enhancements, Haack is aware of this yard wants yet one more factor: a correct fence. It finally ends up costing a whopping $13,000, but it surely’s a wise improve because it permits the householders to take pleasure in their stunning new deck and fireplace pit in privateness.
Is that this home a flip or flop?
El Moussa and Haack purchased this home for $780,000, and whereas they hope to speculate $160,000 within the renovation, they find yourself spending $215,000.
With closing prices and commissions, El Moussa calculates a break-even value of $1,050,700. They listing the house for $1,399,000.
After a couple of weeks in the marketplace, the home will get a suggestion for $1,350,000, which suggests El Moussa and Hack stand to make a revenue of $299,300. That’s an unimaginable acquire and an effective way to kick off Season 12 of “Flip or Flop.”