...because home doesn't happen overnight.

flip house main

Confession: we’ve been trolling house listings since last fall. We knew that once our mortgage was paid off, we wanted to seriously consider potential investment properties. Initially, several scenarios came to mind: 1) Buy another fixer-upper to renovate and live in, and sell our current home for a profit. 2) Buy a rental property and rent it out while living in our current home. 3) Buy another fixer-upper to renovate and sell for a profit while living in our current home. We spent a lot of time studying the local real estate market, researching feasible real estate investment options, running the numbers, talking to realtors and seasoned investors and figuring out exactly what we wanted to gain from our investment. A new home? A sizable, one-time payoff? Steady, long-term additional income? A new experience? A challenge?

We looked at a ton of houses – online and in person. I can’t even make a guesstimate. A TON. We looked at all kinds of properties: foreclosures, short sales, HUDs, for sale by owner, sheriff sales, real estate auctions, old houses, new houses, big houses, little houses, estate sales and plain ol’ houses just, you know, for sale. At one point, we were this close to purchasing a parcel of land in a neighboring city and building an Airbnb first, then eventually adding a home for ourselves, but were stopped short thanks to zoning restrictions and a questionable lien on the property.

We discovered pretty quickly that it was going to take a property with loads of potential at a great price and some proper star alignment to get us to leave our current home. We’ve touched every surface, made it ours and own it outright. It’s the ideal setup for us at this stage in our lives. Plus, I think there’s something to be said for living in a home for a while after the renovation dust settles. So many homeowners move on to bigger and “better” things when their house is done, but we feel like, “What’s wrong with staying put even if it’s not our forever home, our dream house?” In reality, we’re very much enjoying the freedom our home has given us. That’s not to say we wouldn’t be tempted if the right house came along – at the right price, at the right time, in the right location. But, so far, it hasn’t and we don’t see any reason to force it. So we ditched option #1…for now.

Regardless of our living situation, Steve and I have been itching to take on another project. Home improvement is something we both enjoy. It’s a fulfilling outlet for us. We know houses are just things, but we can’t help seeing the potential in even the worst ones. And if we can turn a profit doing something we love, then heck, let’s try it! But not on TV. (Yes, there have been television offers but that’s not us. Props to the people who do it though!)

So as soon as we paid off our mortgage, we took out a home equity line of credit in order to make a cash offer on and renovate a fixer-upper. Mere days after we opened the account, we found the perfect investment property in a highly sought after local neighborhood. I toured it the day it went on the market while Steve was at work. (Scouring new listings had become part of my morning routine.) The minute I stepped in the door, I knew it was the one. Immediately after the showing, I called Steve and we decided to make an offer. We were actually driving up to Michigan for spring break later that evening and communicating with our realtor via phone to put in an offer. Sadly, a few hours later, we learned that there was a clause in the contract requiring owner occupancy for 12 months. Basically, we were required to sign a contract saying the house would be our primary residence for the first year. We had no plans to live in the house, and our realtor advised us against lying due to legal repercussions. So we had to let it go. Even though it was perfect.

Fast forward two months, a nearby dilapidated ranch caught our eye. (Sound familiar?) It was an estate sale to be sold in as-is condition and was located in a township void of pricey city taxes and within an excellent school district. (We had learned from months of research that “as-is” listings can be great investment opportunities.) Steve called our realtor to schedule a showing, but while we were waiting to hear back I noticed the listing had already gone “pending” online. When our realtor called back, we fully expected him to tell us the house was under contract, but instead he said we were good to see it that day.

“It’s listed as pending online. Is that not the case?” we asked.

“No. The listing agent said it’s a mistake. There have been major issues with a new listing database. There’s no contract,” he answered.

We saw the house later that day and made an offer that evening. Our lowball offer was accepted (most likely because we were paying cash, could close quickly and beat other buyers to it thanks to the lucky “pending” slip-up) and…SURPRISE!…we closed on the house last month. Since no liens, loans or in-person sellers were involved, it was the fastest closing ever. It went something like, “Sign here and congratulations.”

Although, the congratulations part felt laughable to us. “Congratulations! You just bought a second house! It needs a ton of work and smells like cat pee!”

As far as plans go, we’ve decided to fix it up and sell it as opposed to rent it out, although both are viable options. If it doesn’t sell (fingers crossed it does), we can always rent it out even though it’s not our first choice. (We’ve learned that we need a Plan B in case Plan A doesn’t work out.) Why sell? First, if renting the house were our primary goal, many of the improvements we’d like to make wouldn’t happen. Making improvements to appeal to renters is not the same as making improvements to appeal to buyers. Sure, we could go in and clean it up a bit and make a few so-so repairs and rent it out, but that’s not something that sounds too enjoyable or fulfilling to us. We like a good challenge. Second, the house is in the same township we live in, so we’re all for renovating it to maintain (and possibly increase) home values. Finally, we aren’t entirely sure where we’ll be living 10 years from now, and we don’t want to invest in a long-term rental and be responsible for it remotely.

I’m hesitant to call what we’re doing a flip even though, let’s be realistic, that’s what we’re doing. However, we have no plans to install the cheapest granite countertops we can find and slap down a bunch of carpet in a matter of weeks. Yes, one of our goals is to make a profit, but we don’t want to completely sacrifice style in the name of dollar signs. We love the idea of a thoughtfully designed, budget-friendly flip, and we’re fully prepared for it to take a little longer than the average flip. Is there such a thing as a careful real estate turnover? On the other hand, we also realize we’ll have to make some compromises since we’re not renovating the house for ourselves. We’re confident we can find a sweet spot between cheap flip and dream remodel.

I’d like to mention that we chose not to share our plans and house search in detail in real time on the blog because we wanted to be sure our decision wasn’t swayed by outside influences. We really wanted to stay true to ourselves and our personal goals. I hope you understand! The good news is I plan to document our flip experience much like I did our downsizing journey. If anything, we’ll all learn something, right?

So, yeah, we bought a house. It reeks of cat piss. And we couldn’t be more excited. Or scared. House tour coming soon! (Two words: pistachio walls.)

image: Dana Miller for House*Tweaking

It seems the consensus is that you guys would like to continue seeing and reading about IKEA kitchens regardless of which cabinet line – AKURUM (previous) or SEKTION (current) – is featured. For that reason, I will continue to share the best of the bunch that come my way. Thanks for reading!

Obligatory preamble rambling: When we were renovating our kitchen, I searched high and low for any information I could find on IKEA kitchens. The results were few and far between. We did end up with an IKEA kitchen (which we love) but I’d like to shed more light on IKEA kitchen renovations from the perspective of other real life homeowners. It’s something I wish we would have had access to when we were considering IKEA for our own kitchen remodel. Plus, it’s fun to see how others use IKEA to suit their personal style and needs in the kitchen. I hope you find these posts helpful and inspiring – whether you ultimately end up with an IKEA kitchen or not. Enjoy!

IKEA seattle kitchen original 1

IKEA seattle kitchen before 3

IKEA seattle kitchen before 1

IKEA seattle kitchen before 2

Three years ago, Sarah and her husband, Drew, bought a 1902 fixer upper in Seattle. While they were impressed with the size of the kitchen, the finishes and layout left a lot to be desired. The red walls, orangey oak cabinets, pink countertops and peeling linoleum floor had to go, but the new homeowners didn’t have resources for a complete overhaul. Over the course of a week, they painted the walls and cabinets, added inexpensive hardware, applied marble contact paper to the countertops and installed wood lookalike peel-and-stick flooring. They affectionately referred to the mini makeover as their “stick on” kitchen. It bought them some time to live in the space and figure out what did (big windows!) and didn’t (angled stovetop + hood, peninsula) work. Two years later, they tackled a full-on remodel and utilized IKEA cabinet frames. I asked Sarah several questions about the project. See her answers and the incredible results below!

IKEA seattle kitchen after 1

Which items in your kitchen hail from IKEA?

We bought the cabinets and hinges from IKEA. We sourced all other items elsewhere.

IKEA seattle kitchen organization

IKEA seattle kitchen organization 2

What made you decide to source these items from IKEA?

There were three things that sold us on IKEA: 1) The hinges are really high quality. Every time I go to IKEA I just want to open and close all the drawers. 2) All of the accessories fit perfectly! I know that seems minor, but I love that our utensil divider doesn’t jostle around in the drawer. The same goes for our pantry organizers. Once the cabinets are in, it’s so much easier to find/make the perfect place for everything. 3) We read so many great reviews. It seemed everyone who had installed an IKEA kitchen was happy with their decision. Most complaints were about the installation process, but we had planned to outsource that anyway.

Who designed your kitchen? What aesthetic were you aiming for?

We hired a designer to reconfigure the space and make sure all measurements were correct. She helped us determine the size of the island and ensured adequate space for traffic flow. (If I would’ve designed it alone, the island would’ve been way too big!) We chose all the finishes and fixtures ourselves. We wanted a kitchen that felt clean and modern but not totally out of place in our 1902 house. The shaker doors are timeless, but the way we used the subway tile to cover entire walls immediately spruced up the space.

IKEA seattle kitchen during 1

IKEA seattle kitchen during 2

Did you assemble and install all IKEA kitchen components yourself? If not, what did you seek help with?

We hired a contractor, NW Homeworks, who specializes in IKEA installations. They put together our shopping list and assembled and installed everything.

IKEA seattle kitchen after 2

How did you customize your IKEA kitchen to suit your needs and preferred aesthetic?

We customized almost everything! The doors and drawer fronts are custom. We bought the sink, appliances, countertops and hardware from non-IKEA sources as well. When we bought our home, I wanted to remodel on day one, but I’m glad we waited. Two years later, we had a very specific idea of what we wanted. Our designer helped with the new layout, but we selected every detail of the design.

How long was it from design to the final product?

It took us about a month to complete the design. We went back and forth several times on the configuration of the room. We moved the sink, and once I wasn’t locked in by plumbing/gas lines, I wanted to try everything! From demo to completion, it took nine weeks.

How long have you lived with your IKEA kitchen? Have you encountered any problems?

We’ve lived with our new kitchen for six months, and, so far, we love it! It’s beautiful to come home to at the end of each day, and it’s just so functional. I know where everything is which makes cooking and cleaning up so much easier and quicker. It’s super efficient.

IKEA seattle kitchen after 4

What is your favorite thing about your kitchen? Least favorite?

I love the new layout. We reconfigured the whole space which really made it more open and user-friendly. Originally, we were going to keep the same configuration because it was cheaper, but we realized that, once we got the layout right, it would be easy to update the space over time. If we ever decide to repaint the cabinets or replace the countertops, we can. By far, spending extra to get the layout right was the biggest and best decision we made.

The only thing I would do differently is nix the upper cabinet lighting. During the design process, I thought warm light streaming through the glass front cabinets would be so cozy, but I seldom remember to turn them on! I think I’ve turned them on twice.

IKEA seattle kitchen after 3

I noticed there’s a microwave and wine fridge in the island. Would you mind sharing your thoughts on (the placement of) those appliances?

I hate the way microwaves look, but I’ve always missed their usefulness when we’ve gone without one. Putting the microwave in the island solved the eyesore problem. For the most part, it’s been great. Initially, it was annoying because the buttons aren’t at eye level, but, I learned the layout of the keypad and no longer have to squat down to look at the buttons and it’s totally fine.

We could probably do without the wine fridge, mostly because we weren’t able to find a great mid-grade option. There are cheap ones that are really loud and quiet ones that cost thousands but, at least in the size we needed, they’re weren’t any good quiet, affordable options. I drink sparkling water like it’s my job. It’s been nice for that, but it’s one of the least used items in the kitchen.

What’s behind the black pocket door?

The short answer: A powder room.

The long answer: The backstory on our house is actually pretty crazy. The Seattle housing market is nuts, especially if you are a first-time home buyer and have no idea what you’re doing. Prior to buying our house, we lived in a small apartment (only 600 square feet!) in Capitol Hill. We loved the neighborhood and wanted to stay close, but we were basically stuck choosing between small apartments or million dollar houses. When we came across affordable family homes, they would sell within 48 hours for well above asking price. Then our amazing realtor introduced us to a builder who had just bought the old house we live in now. The house was on a sizable lot, and the builder’s plan was to move it forward and build three townhouses in the backyard. The previous owners had added an addition to the back that would have to be removed to make room for the new townhouses. He offered us the house and we saw it as great opportunity to live in the Capitol Hill area while still gaining square footage and not overspending.

Looking back, it was an insane way to purchase a first house because it was so complicated. They literally picked up our house (with its 115-year-old chimney) moved it forward ten feet, poured a new foundation and then set the old house down on the new foundation. We would drive by when the house was in the air (for several weeks!) and just hold our breath. Thankfully, it worked out. The builder began moving the house in January, and we moved in by July. We got a new foundation out of the deal which is great for a house our age.

Most old Seattle houses don’t have a bathroom on the main floor which is why the previous owners had added on to the back of the house. (The addition contained a storage room and a full bath.) Since the builder had to remove that part of the house, he added a half bathroom accessed by a pocket door so we would have a bathroom on the main floor.

Would you recommend IKEA as a source for a kitchen remodel? If so, which items?

We can only speak for the cabinet frames, drawers and hinges, but, for those, we would highly recommend IKEA!

Would you consider IKEA for a future kitchen remodel?

Definitely.

Resources of note:

cabinets, drawers, hinges – IKEA
lower cabinet paint – Benjamin Moore wrought iron
upper cabinet paint – Benjamin Moore white dove
drawer fronts and doors – Unhinged Custom Doors
pendants – 8″ globe pendants, West Elm
pendant lightbulbs – Rolay 60W edison style vintage filament
tile – Daltile rittenhouse 3″ x 6″ subway tile, Home Depot
countertops – carrara grigio quartz
sink – Blanco precis super single bowl in cinder, Amazon
hardware – Pi square pull bar
paper roller – George and Willy
island counter – walnut butcher block, The Woodworkers’ Candy Store
fridge – Kenmore elite french door
stove – Kenmore pro dual fuel range
dishwasher – Bosch 500 series
microwave – LG (We have the same microwave and love it! – Dana)

IKEA seattle kitchen after 6

Thanks, Sarah, for sharing your kitchen! It’s beautiful.

What a transformation! I think Sarah and Drew’s decision to get the floor plan right was smart and will prove to be a worthy investment in the long run. Nixing the angled stove/hood and opting for an island over a peninsula completely changed the way the space works and looks. Did you notice the addition of a window to form a trio of windows above the sink area? Who wouldn’t want to wash dishes with that view?! I love all the classic material choices. Even though it’s a tuxedo kitchen (dark lower cabinetry, white upper cabinetry), it feels timeless. My favorite design moment is the open shelving in the corner. It helps to break up all the upper cabinetry and built-in hood. Not to mention, it’s a clever spot for stashing cookbooks.

Want more inspiration? You can find an entire IKEA kitchen series by clicking the See Real IKEA Kitchens button in the side bar.

Do you have a project (big or small, IKEA or non-IKEA) that you would like to share with House*Tweaking readers? Email me at housetweaking (at) gmail (dot) com for consideration. Thanks in advance!

images: NW Homeworks