More on the Continuing Saga of the Duplex Remodel!

August21

Ok, remember the saga of my new investment property remodel?  Located in the “oh-so-bike-friendly” city of Portland, Oregon (right on a main biking corridor on N Vancouver Avenue…might I add!).  Anyway, I did recently purchase a duplex and I’ve been updating anyone that cares on the progress.  I’m excited about the area where it resides (between the newly evolving N. Williams Corridor with the Lompoc and Pix and the existing and continually evolving ‘hood of N. Mississippi).  Just wanted to show you how the wood floors are transforming!  You may recall we had ugly vinyl tiles seriously glued to the original hardwood floors.  You can see the dark, tar-like glue in the first photo, the glue-free sanded version in the 2nd photo and the first finish coat in photo #3 (see http://fabulousportland.com/2009/08/16/let-the-work-begin/ if you want more details on removing that gummy vinyl glue).

Also, what an amazing difference a little paint thrown around can make!!!  The original facade in photos #1 below and the new color scheme in the 2nd picture.  Shutters will be next on the upper windows in black (to compliment the doors).  It’s a “work-in-progress”!!  It took awhile to get the greenish color that I want (but, finally found it through Kaleidoscope at SE 9th & Salmon…it’s a Benjamin Moore color…and they were VERY helpful with choosing and mixing the correct paint).

Oh yes, and the backyard now has a fence (thanks to Pedro & Beatrice Naranjo)!

Then there was the dilemma with the stairs!  The vinyl stair treads that were glued to the original wooden stairs treads did not want to come off without a fight, so the stair risers and treads ultimately had to be replaced! My duplex partner (with the help of a friend who talked him through the process long-distance) placed new treads and risers.

Investment properties in Portland have managed to “hold their own” in an otherwise challenged real estate market, even though the rental market has also had to adjust prices to compensate for the extra rental inventory.  Portland property owners who feel they cannot garner what they need to sell their home have added to the number of available rental properties, putting downward pressure on rents!

Stay tuned…more to follow!!

About the Author | Janeese Jackson

My job is service...service to you and your real estate transactions! How can you benefit from my 25+ years of experience and expertise? What can I offer to make the process more productive? * Current information on available housing...comparative and competitive market pricing and analysis * Daily involvement in the local real estate marketplace * Thorough, comprehensive knowledge reflecting years of helping others complete their real estate business * Extensive network of professional resources to make the process as smooth as possible My commitment is to you! Being available to you...returning your calls...answering your questions...addressing your concerns...respecting your money...matching your timeline...meeting your expectations...helping accomplish your real estate goals!!

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