I have always loved the McKennan Park area in Sioux Falls but never really had any intentions of living in the area. Fate stepped in though, and next thing you know I am a proud owner of aMcKennan Park home. The home we bought was built in 1940 and is located about 3/4 of a block from it. I am not sure if it was originally designed as a tri-plex or if sometime in the past it was converted from a single family home. We bought it the beginning of July with 2 of the 3 units still occupied by renters. It wasn’t suppose to be that way but sometimes you just have to roll with it. Once the renters were gone we started our home renovations. We plan on doing the renovations in 4 phases. The first phase was painting the bedrooms and renovating the kitchen/ dining area. Second phase will be the living room and hallway on the main level. The living room will need paint and new flooring. Sometime in the past the original hardwood floors were ripped out and the sub-floors were painted. Eventually they were covered in carpet. We were hoping when we pulled up the carpet that there would be beautiful wood floors but we were out of luck. The two main level bedrooms have beautiful wood floors as does the main level closet. We will have to find a wood that we like that compliments the original floors.
The third phase will be the upper level. We are going to convert the entire upper level into an owners suite complete with an office, craft room/ upper level laundry area, a completely new master bath with glass shower and a soaking tub, and an upper level living sanctuary with a cozy fireplace. The fourth phase will be the main level bath along with a few upgrades in the basement. Outside we plan on creating an amazing outdoor living area with a fire pit and a pergola. We should have all of this done in a couple of weeks…I wish. Hopefully within the next 24 months our house will be complete.
Phase 1 Kitchen/ dining area:
As soon as the renters were gone we started the demolition. We removed all of the kitchen cabinets, all flooring, and the wall between the kitchen and dining room. We also closed off a door opening where there was a pantry and another door opening between the kitchen and hallway. This allowed us more wall space to place cabinets as the original kitchen was very small and lack storage space. Once the demolition was completed we had our contractor come in and start putting things back together. We absolutely love our contractors Brian and Constance Berg with N Drywall & Construction. They repaired all of the wall items that needed addressed. They had the plumbers and electricians come in and do their thing. As this was going on we had Tanya and Nancy with Showplace Cabinets come in and design a perfect kitchen that worked for our home. Being that our home is located in historic McKennan Park we wanted to keep that 1930’s feel. We ended up deciding on white cabinets. For our back splash we are going with a grey subway tile. The next choice we had to make was flooring. We ended up deciding on a grayish white floor tile. I never realized how many decisions we would have to make. We have pulled in several local rock stars to help in this process. I will highlight them in later posts. This is as far as we have gotten as of this post. Stay tuned for future updates to our project. In the meantime feel free to comment on any thoughts or ideas you might have on our McKennan Park home. Here are some before and after picture of our project.
With the market starting to shift it is imperative that you do not make these mistakes if you are planning to sell your home. The Sioux Falls real estate market is still healthy but we are definitely seeing changes both up and down depending on your price range. I have put together this list of the 6 biggest mistakes home sellers make when selling their home. Hopefully you will enjoy this video and it will help you to get your home sold!
The Sioux Falls real estate market is a changing. While the first time home buyer homes are still selling at a good pace, the higher priced homes have seen a change. The days on market are going up and the numbers of buyers in the $250k+ price range is limited. With interest rates still hovering at or below 4%, there may never be a better time to move up in home value and size. Odds are good that you would be able to sell your first time buyer home near its peak value while being able to buy your upgraded home at a discount. Below is a link to homes in the Sioux Falls market priced at $240,000 and up.
Click here to view property list.
The Sioux Falls real estate market is still humming. According to the Realtor Association of the Sioux Empire the median sales price has increased 11.3% to $178,000. The days on market is down 8.3% to 81 days and the monthly supply of homes for sale is down over 40% to 3.8 months. Interest rates are still hovering around 4% which is phenomenal! So what does this all mean? It means that it is a great time to sell your home. This may be the best time in the last 50 years to move up and use some of your equity and enhanced home buying power to acquire your dream home.
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