Flipping houses is always challenging, especially when you are tackling several projects at once. Climate will always play a part in how you approach rehabbing a residential property for resell.
In some of our finer western states, like California, Arizona and Colorado, you have areas that are naturally dry. How your rehab the property will lean heavily towards how you account for this arid climate.
Here are five tips on how to fix and flip when the water is a scarce commodity.
1. Curb appeal = Great first impressions!
First impressions are important when selling your flip. It is vital to impress the buyer immediately upon driving up to the property.
In dry climates, you need to consider plants’ water requirements when placing them. It is best to put plants needing less water further away from the front of the home while putting more water dependent ones up close to the front door.
Arid climates does not mean you need to sacrifice color, which is needed because pretty plants draw in buyers. California lilacs bring in an intense purple and blue while being averse to water. Mediterranean roots of numerous perennial salvias require less water with bloom stalks of blue, purple, wine and red. If you like red and pink flowers, try out New sedum hybrids, which bloom all year long.
Don’t forget about the lawn! You want to use drought resistant grasses like Bermudagrass, St. Augustinegrass, Zoysiagrass, Buffalograss, Centipedegrass or Bahiagrass. Be sure to limit foot traffic during the hot days and water less so the grass becomes accustomed to the lower levels of water.
Finally, the lawn does not have to have a huge footprint on the property. It is best to mix up the landscaping as much as possible with different forms of plants.
2. Water Saving Tips
With your flip in dry climates, you want to offer up to the buyer some ways to conserve water. Drip water irrigation systems work best. These systems can be fitted with rain sensors to turn off when a rain shower comes through the area.
You can take some small steps to make it easier for the buyer to collect water. Rain barrows work well if you install some terraces and soil furrows.
You should consider a rock garden on the elevated areas of the property so the runoff can easily flow to plants. If you have large shrubs, it is best to put them at the bottom of the elevated areas so they can also benefit from the runoff.
Mulch and compost can be used to keep evaporation to a minimal. Don’t over do it with paved areas and if you have many of them, you can cover them with pebbles to help absorb more moisture.
3. Keeping the Inside Cooler Using Shade and Insulation
Dry climates tend to be hotter so you need to give the buyers some unique ways to use shade to keep the temperature levels lower throughout the property. By cooling the property naturally, it reduces the energy costs of the property making the property even more appealing to buyers.
A good first step is to install some shade awnings on several of the windows and walls on the property. There are plenty of attractive awnings available on the market that will not draw away from the presentation for the buyer.
Inside the house, you can purchase blinds to protect from the blaring sun. Be careful here that you do not over do it. Blinds can get expensive fast and it wouldn’t do to overspend here. Shop around to find ones at a price that work with your rehab budget.
Also, remember that south facing windows let in the most heat. Paying extra attention to these windows will make the biggest difference.
You should consider replacing the property insulation to keep the temperature at a constant level throughout the hot months. Buyers will appreciate this little touch as way to make living in the home more comfortable. As with blinds, watch the expense and plan accordingly.
4. Creating Air Flow through Open Spaces
Along with using shade, you can also regulate temperature very well in homes by using air flow. Open spaces always work well in hot dry climates as it allows the air to flow freely throughout the house.
If you need, tear down some walls to make the floorplan more open. It is always cheaper to tear down walls than to build them up.
Windows should be placed strategically at two ends of the house. This placement allows the buyer to turn off the air conditioner since a cross breeze can often be created through the house via the two opposite windows.
If you rehab budget allows, you can also raise the ceiling. Vaulted ceilings do well to keep the hot air away from the floor level by trapping it up high.
5. Windows and Doors Keep Things Airtight
Buyers will want to keep their houses energy efficient in the hot dry air. Once way to help the buyer realize this goal is to install proper windows and external doors throughout the house.
Doors need to be a thick as the walls in the house. Buyers will love you if you take the extra step to insulate the doors to keep even more heat away from the house.
Windows should be inset into the walls to make sure they are airtight. UV resistant coating will help keep the more extreme light from entering the house. To put a thrill into your buyers, install double pane windows as it adds an insulation barrier from outside.
Please be sure to use contractors who know how to install these windows as buyers will come back to you to fix the windows if they are not perfectly done.
Contact Orchard Funding Today
Now that you have gotten some tips on fix and flipping dry climates, find some funding for your next flip. Orchard Funding offers competitive loan products for funding for your projects. Call us today at (310) 356-7373.