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Melody Kilbank

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Archive for the ‘Investment Properties’ Category

And the RONA Gift Card Goes to…

Friday, September 4th, 2015

CONGRATULATIONS to Lily S of Kingston, ON – the winner of the $50 RONA gift card!

A BIG thank you to Lily, and to all of you who “liked” my REALTOR page.

My business continues to thrive because of the support of those, like you, who recommend my services. Your greatest compliment is a referral.

All about you. Really.

Melody

Melody Kilbank HiRes size 1

 

The BIG Reveal! and the Winner is….

Friday, August 14th, 2015

HALLELUJAH –201- 10529 93 St is DONE!!!

The furniture is set up, the blinds are installed, the bedding is on the bed, and the decorative touches and stocked kitchen complete our newly-renovated, centrally-located 1-BR, 1 Bath condo unit. All that is left to do is to find that perfect (lucky!) renter.

Here is the link to view the rental advertisement. –

https://edmonton.rentfaster.ca/edmonton-apartment-for-rent/boyle-street/newly-renovated-fully-30571

ps. Tell your friends and family…spread the word! 🙂

I’ve also included a few snaps, here (I think it turned out fabulously!):

 

AND, I haven`t forgotten – At the beginning of this adventure, I promised that if you `liked` my facebook page, that I would include you in a draw for that $50 Rona gift card, so….(DRUMROLL)

I will contact the winner in the next few days.

Thank you for following me through all of this. So, you might be asking, will we continue our annual trend of condo purchase fix-er-up-ers.

Ask me next year, and stay tuned…

All about you. Really.

 

Melody

Taking Stock – the Cheap, the Free and the Inventory

Wednesday, August 5th, 2015

We are SO close! All that’s left to complete the condo is to give it a through clean, spit-shine, then to off-load and set up the furnishings to stage it for advertising. Renters, on your marks, get set….to view the cutest, most complete little 1-bedroom in central Edmonton. BIG reveal coming SOON…! CHECK BACK… So, as I did a walk-through yesterday, I snapped my pictures and had to chuckle again – feeling very self-satisfied – when I took stock of all of the fabulous “finds” we were able to unearth through my determined, ruthless and disciplined commitment to kijiji and Re-store shopping. While my contractor questioned the value in the end of using some of the older fixtures and materials in the reno, and wondered if more money may have been spent on time to install some of these, I still maintain – even, simply from an ethical stand-point – that re-cycling and re-using over purchasing new, at least SOME materials and furnishings can, indeed, yield savings AND gave a sense that wise and responsible choices have been made. It feels great! Take a look, room-by-room:

DONT FORGET – your chance to win the $50 GIFT CARD for RONA. I am extending the deadline… All you have to do is “Like” my REALTOR(R) page on FACEBOOK by August 15/ 15. https://www.facebook.com/melodykilbank?ref=hl All about you. Really. Melody

We’re nearing the finish line!

Sunday, July 19th, 2015

No matter how organized you are and even if you have a project plan, there is always things in a renovation which are unique and can set things back on the time line.

This project there have been 2 concerns which took longer to resolve than hoped. One was the bath tub and the tub wall surround. A mistaken purchase on Kijiji, because I didn’t know much about surrounds, a replacement tub which was 59.5 inches and didn’t come with a wall surround, and a mistaken purchase for a new surround which didn’t fit because it was 60″ and finally….the right solution. The tub it in and walled!! Pictures to follow next week!!!

The second concern has been repairing the gypcrete flooring surface. There had been some spots where there was some erosion which we had to fill in before flooring. My contractor and I did some research through concrete companies and gypcrete companies. We finally have the answers to using the right product to fill the spots! The floor is patched properly.

That being said there has been significant progress this week! So exciting!

The flooring is in!!! That means as of now every surface of the unit has been redone! What a difference!

The cabinets are in their final resting place and secured!

Next week we hope to have final pictures for you before we stage it!!!

Stay tuned!

Nothing like a coat of paint to…..

Tuesday, July 14th, 2015

>>>…… make a place feel like it is your own. I love the smell of a freshly painted room. It make you feel like everything is really clean! The odors from the many years of cooking, smoking and living are GONE!! Also, there’s such noticeable progress in a project once the paint is on the walls!

So this past week the unit is completely painted and the bathroom vanity and kitchen cabinets are installed. The swing doors are installed and the baseboards and casings are painted and ready too!

The delays this week have been trying to find a tub wall surround to fit and after 2 attempts, the 3rd one is going to work!!! What a learning process that was!!

All in all we are a little behind schedule, but every obstacle has had a reasonable solution!

Still aiming for August 1st!

Making a List and Checking it Twice

Wednesday, July 1st, 2015

This is REALLY happening!

As soon as the demos begin, it becomes all-too-real. Out with the old and out-dated, making way and space for the new/ newer up-graded (and income producing)!

 

I’ve included a photo ofour contractor and plumber, onsite. Can I just say what difference in our peace-of-mind having these trusted professionals in from the ground floor is making- even at this early stage! Again, my husband is still heaving that huge sigh of relief, and in turn my life on the home front continues, mostly, as usual…except for balancing project expense sheets, and taking photos and checking in with the progress, each day- it actually feels fun…making my daily lists and feeling the satisfaction of checking off each item, one, by one…I love to see things coming together!

 

We’re At It Again -Income Property 2015!

Thursday, June 11th, 2015

Team Kilbank is at it again! Are we ambitious or just, plain crazy!? We just purchased another investment condo!

Having learned through experience, this property will be reno’d by some else (my dear husband is a bit TOO grateful), with the goal to furnish it and rent it out – a sweet little all-inclusive package for the right tenant. It is in a fantastic, central location close to shopping, transit and the Universities!

With the calculated and frenetic way I have been tracking Kijiji items each night and each morning, seeking them out, then stockpiling them and adding up my savings….maybe crazy AND ambitious – don’t judge me. 😉

In honour of this exciting venture, I would like to give away a $50 GIFT CARD for RONA – proudly, Canadian.
All you have to do is “Like” my REALTOR(R) page on FACEBOOK by August 1/ 15 – this is when we hope to have our first renter set up and living in the unit. https://www.facebook.com/melodykilbank?ref=hl

I will announce the winner here, on the blog.

Stay tuned for all of the action (no drama!) and the transformation at each stage.

All About You. Really.

Melody “Kijiji Queen” Kilbank

It is finished!

Sunday, September 21st, 2014

Video tour of 4 13450 Fort Road

We’ve come a long way…..I just reviewed the Day One photos and almost laughed as I had forgotten some of what the unit looked like! I didn’t think I would ever forget the garbage bags of wall paper we peeled off, the gross bathroom vanity and the panelling from the dining room! Seems I had.
So here’s a glimpse of the listing photos! Check out more information under “featured listings” on my home page!

Week Six: Coming down the home stretch

Thursday, August 28th, 2014

 

 

We are coming down the home stretch. This week there has been much more noticeable development.

The ceiling is finally closed in a mudded.

The stringers on the stairwells are painted.

We have got the counter tops installed with sinks and faucets.

All the trim is painted ready for install.

The room doors have been hung with the 2nd coat of paint applied.

The special DIY cabinet project for the fireplace has been painted and ready to install the electric fireplace!

Maybe…. 2 more weeks????

 

Week Five: Slow but Sure

Wednesday, August 20th, 2014

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Well, we are finished week five. The good news is….we have our engineer report and the fix was quite simple. Our contractor was able to sister the joists and as of last night the drywall is on the ceiling.
This delay did cost us in time and money and availability of our crew! But it is resolved and we can now push forward to completion.

The only dramatic difference noticeable this past week was the tile around the tub is installed and ready to grout. Now to pick a grout color…not easy when you are working with contrasting color tile.

When we got possession of the condo there was an electric heater/fireplace which is fully functioning. I’m working on a DIY project to transform a corner cabinet which I purchased at ReStore into a gorgeous corner fire place. Check out the before pictures! I’m hoping this will add some “bling” and increase value of the unit if not in dollars in quicker sale/rent.

Counter tops have arrived and look awesome!

This week our plan is to paint the stringers, hang doors, get the ceiling drywalled and painted.  I ordered the trim for delivery on Friday so we need to be prepared with space on the main level to paint this.

Still hoping for a September 1st completion, but probably more realistically mid September!

Melody Kilbank, RE/MAX Real Estate
102-12650 151 Ave, Edmonton, Alberta, T5X 0A1
Tel: 780-457-3777 Cell: 780-893-9987 Fax: 780-457-2194
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