{"id":6762,"date":"2017-10-25T03:47:32","date_gmt":"2017-10-25T03:47:32","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/love-it-or-list-it-the-house-neale-andrew-both-love\/"},"modified":"2017-10-25T03:47:32","modified_gmt":"2017-10-25T03:47:32","slug":"love-it-or-list-it-the-house-neale-andrew-both-love","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/love-it-or-list-it-the-house-neale-andrew-both-love\/","title":{"rendered":"Love It Or List It: The house Neale & Andrew both love"},"content":{"rendered":"

<\/p>\n

\n

Does every home need to be improved or renovated?\u00a0 At what point do home owners risk over-capitalising?<\/strong><\/p>\n

Neale Whitaker and Andrew Winter, hosts of\u00a0<\/span>Love It Or List It Australia<\/em>, may have finally found a house they both love.<\/span><\/p>\n

So should the owners keep renovating it or should they sell?<\/p>\n

List It: Turning a profit<\/h2>\n

This modernised\u00a0three-bedroom terrace<\/a> is located in Paddington,\u00a0Sydney where the median house price<\/a> is $2.3 million.<\/p>\n

The current owners bought this stunning home for $3.52 million in October 2015.<\/p>\n

\"Paddington<\/p>\n

A look at the kitchen in the Paddington terrace. Picture: realestate.com.au\/sold<\/p>\n<\/div>\n

But with its open-living, modern kitchen and manicured garden, this house is just about perfect, according to Winter.<\/p>\n

\u201cIt\u2019s a Paddington terrace with a swimming pool and floating stairs,\u201d he says.<\/p>\n

\u201cI\u2019d never want to list that, I\u2019d want to live in that.\u201d<\/p>\n

But if the owners were to sell, this heritage home could attract a final sale price higher than what they paid two years ago as it\u2019s located in such a high-demand area.<\/p>\n

Love It: The perfect home<\/span><\/h2>\n

But as we know, a home is more than just an investment and Whitaker says the owners would be crazy to sell this gem.<\/p>\n

\"Paddington<\/p>\n

The open plan living area at the back lets in plenty of natural light. Picture: realestate.com.au\/sold<\/p>\n<\/div>\n

This Paddington terrace was renovated ten years ago with the major work completed out the back to open up the living space and let in natural light.<\/p>\n

While the current owners have added new light fixtures, re-stained the floorboards, resprayed the kitchen cabinets and are currently updating the bathrooms \u2013 this minor work will simply update rather than totally transform the property.<\/p>\n

So while home improvements\u00a0remain popular, Whitaker says that the owners should be careful not to over-capitalise or spend more than future buyers would end up paying for this property.<\/p>\n

\"Paddington<\/p>\n

The backyard area has room to entertain plus a pool. Picture: realestate.com.au\/sold<\/p>\n<\/div>\n

Also, given what the previous large-scale renovation already achieved, what\u2019s left to do?<\/p>\n

Whitaker insists this home is perfect as it is and says the owners should just enjoy it.<\/p>\n

\u201cI can\u2019t see one thing you would like to improve there Andrew. I love this terrace just as it is,\u201d says Whitaker.<\/span><\/p>\n

This could be the one home that both Winter and Whitaker totally love, but what would you do \u2013 love it or list it?<\/p>\n

\u00a0<\/p>\n

Watch\u00a0Love It or List It Australia\u00a0now exclusively on Foxtel\u2019s Lifestyle.<\/em><\/strong><\/p>\n

For more Love it or List It Australia videos and expert advice go to\u00a0lifestyle.com.au.<\/em><\/strong><\/p>\n

\n <\/p><\/div>\n

Realestate au <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Does every home need to be improved or renovated?\u00a0 At what point do home owners risk … Love It Or List It: The house Neale & Andrew both love<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":6763,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[981,1403,12908,543,617,1366,3703,3670,1007,41,818],"class_list":["post-6762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-a-house","tag-buy","tag-home","tag-home-buying-guide","tag-house","tag-love-it-or-list-it","tag-love-it-or-list-it-aus","tag-love-it-or-list-it-australia","tag-owners","tag-property","tag-real"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/Paddington_terrace2_a..jpg?fit=800%2C600&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":6379,"url":"https:\/\/amazingproperty.com.ng\/blog\/love-it-or-list-it-upgrade-or-sell-the-ugly-duckling\/","url_meta":{"origin":6762,"position":0},"title":"Love It Or List It: Upgrade or sell the ugly duckling?","author":"Amazing Property","date":"September 26, 2017","format":false,"excerpt":"Many a home has been described as a renovator\u2019s delight, but is it a good idea to renovate an ugly duckling? 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