Tarek El Moussa and Christina Haack’s Most Costly Undertaking in ‘Flip or Flop’ Historical past Netted Them $1 Million
Whereas Flip or Flop might have come to an finish, HGTV followers nonetheless discuss in regards to the time realtors and home flippers Tarek El Moussa and Christina Corridor tackled their greatest and most costly flip but. Whereas the present gained’t proceed, the Flip or Flop duo filmed 10 seasons of the hit sequence, some whereas married and a few whereas divorced.
‘Flip or Flop’s’ Corona del Mar townhouse renovation
The 2 bought the townhouse for a whopping 1.4 million {dollars}, essentially the most they’d spent on a “fixer-upper.” Nevertheless, the house was additionally in a a lot sought-after neighborhood close to the seaside, and condos and houses within the space promote for a premium.
It wasn’t simply the preliminary format of money that was large, although. The precise value of the renovations exceeded their already lofty funds. Let’s see what they did, and the way a lot it value them.
Throughout the episode titled “The Flip” on HGTV, the couple element the prices of the transform and what was accomplished. Each Corridor and El Moussa had loads of concepts for taking what was already a powerful property and giving it an upscale makeover.
How Tarek EL Moussa and Christina Haack renovated the outdated condominium
One of many first issues to alter was the patio. Whereas the quaint brickwork wasn’t horrible, it didn’t precisely scream trendy, upscale, multi-million greenback residence close to the seaside, both.
“What I’m speaking about is this whole patio, gone, rebuilt,” El Moussa says. “Perhaps we put in some bi-fold doorways proper right here, some massive glass doorways, open this up this fashion.”
They ripped out the bricks and the home windows and changed it with grey tile, sliding doorways, and a $4,750 customized hearth pit. Certain, they may have gone cheaper, however they clearly felt assured that the expense would repay.
Did they actually paint it black?
They didn’t cease with the patio space, after all. Haack determined that one thing dramatic wanted to occur with the outside, so she selected portray the decrease half of the townhouse exterior black and the upstairs white.
“So far as paint colours go, I actually like the thought of doing this space proper right here black,” she says, gesturing to the primary flooring. “After which, up there we are able to do white. That manner it pops.”
What did they do with the remainder of the home and the way a lot did it value?
Now that that they had the patio space sorted and became an upscale hangout good for entertaining friends, they set to work on the inside, gutting the kitchen and dwelling space to provide it a extra open really feel.
The kitchen was the following set of upgrades and El Moussa underestimated what it might value for a full kitchen transform with high-end home equipment.
“Customized kitchen, high-end home equipment, 25 grand?” El Moussa asks contractor Israel Battres.
Battres laughs, saying, “Simply the home equipment are going to be, like, 15 grand!”
Along with the high-end home equipment and black walnut customized cupboards, they determined to go along with Corridor’s suggestion of a brick backsplash. El Moussa preferred the thought a lot he determined to go along with brick for the entire kitchen wall.
Nevertheless, Corridor was not a fan of the ultimate product.
“Once I was wanting on the pattern, I assumed it was all simply going to be shiny white. I didn’t comprehend it was going to have variation. There’s a variety of grey in it,” she says, wanting on the kitchen. “I really feel prefer it’s actually darkish.”
The brick work wasn’t low cost. The associated fee for the supplies and work got here to about $15,000, however Haack determined to have it painted over white. Whereas this transfer value an additional $3,000, the clear, shiny, and trendy impact ended up working effectively for the house.
How a lot did the home promote for?
In keeping with the Realtor.com itemizing gross sales historical past, El Moussa and Corridor paid $1,400,000 for the house, then listed it at $2,999,900 on Could 12, 2022. Nevertheless, they lately elevated the value on Could 18, 2022. The brand new asking worth is $3,500,000. In the event that they promote the house for that a lot, they’ll have made a cool million in revenue even after the transform prices.
At this level, the house has not bought. In keeping with Realtor.com, the house is at the moment pending sale.
Followers of the present are curious how the Corona Del Mar townhome will pan out however should wait and see. As for Christina Corridor and ex-husband Tarek El Moussa, it is going to be fascinating to see what their futures maintain. For now, they co-parent, work on their particular person tasks, and have enjoyable naming their yachts.
RELATED: Followers Hope Christina Haack Has Discovered Her “Fortunately Ever After” With Husband Josh Corridor
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