Amy and Sean's House Rules Nundah home now worth $500,000 plus

Amy and Sean's House Rules Nundah home now worth $500,000 plus
Nicola TrotmanDecember 7, 2020

Channel 7 House Rules Queensland couple Amy and Sean could pocket a potential $165,000 profit if they were to sell their newly renovated Nundah home.

The couple (pictured below) purchased the 1960s three-bedroom home (pictured above pre-renovation) for $365,000 in June last year.

amyandsean

They have the smallest mortgage on the show of just $300,000.

The Channel 7 renovation show asked two local real estate agents to appraise the Queensland home.

Clint Devereaux of First National Real Estate appraised the newly renovated property (pictured below) to now be worth $510,000 to $520,000.

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Devereaux says the kitchen has added the most value to the home, having been transformed into an eat-in kitchen.

However, Devereaux says the bathroom is “saturated with country cottage elements” and is “lifeless”.

Steve Grimbas of Place Estate Agents appraised the property at $500,000 to $530,000.

Grimbas agreed that the kitchen has added the most value to the home as it ticks all the boxes for today’s buyer.

However, Grimbas says removing the third bedroom and turning it into a study has lowered the full potential of the property.

Grimbas says a three-bedroom home traditionally attracts more enquiries, buyers and a higher price than a two-bedroom with a study.

The median house price in Nundah is $585,000, according to RP Data.

Property Observer has reported on the new value house appraisals of the Melbourne, South Australia and Tasmania homes.

Nicola Trotman

With a penchant for the written word, Nicola has built a career doing just this – now Creative Director at thriving Melbourne-based PR agency, Greenpoint Media.

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