The scope of work involves adding a second floor, which will become a separate unit and have 3 beds and 2 baths with a total added Sq Ft of 1,200, as well as comprehensive exterior and interior renovations.

1. Demolition

• Remove existing structures for new layout. Excludes personal items.

2. Exterior Enhancements

• Front Porch: Clean concrete, install wood rails, and add decorative lights.
• Garage: Keep existing structure, paint to match home, install new door and opener.
• Landscaping: New front ground cover, rear lawn seeding, and walkways.
• Siding and Trim: Tyvek house wrap, James Hardie siding, color-coordinated gutters.
• Roof: Owens Corning shingles with a 30-year warranty.

3. Interior Features

• Ceilings: 9' on first floor, 8' on second.
• Drywall: Standard drywall, greenboard in wet areas, Durock for tiled areas.
• Doors and Windows: New energy-efficient windows, various door styles, Schlage hardware.
• Interior Trim: Craftsman-style trim, 5 ½” baseboard, and 3 ½” jamb trim.
• Paint: Primer and finish paint for walls, semi-gloss white on trim.
• Flooring: LVP throughout, cut pile carpet in bedrooms.
• Stairway: Oak treads, painted risers, stringers, and balusters.

4. Kitchen

• Maple shaker cabinets, solid surface countertops, ceramic tile backsplash.
• Stainless steel appliances (Bosch), including refrigerator, range, microwave, and dishwasher.

5. Bathrooms

• Master bath with natural stone tile, secondary baths with porcelain or ceramic tile.
• Full baths with vanities, granite countertops, and Moen fixtures.
• Kohler tubs, shower options, and semi-frameless doors.

6. Basement

• Unfinished, carpet on stairs, existing windows replaced.

7. Laundry Room

• Drywall and paint, GFCI outlets, LVP flooring, gas line, and dryer vent.

8. Mechanical Systems

• 50-gallon water heater, smoke/CO detectors, and energy-efficient furnace with A/C.
• Aprilaire humidifier and Honeywell thermostat.

9. Electrical

• 200-amp service, code-compliant outlets, ceiling lights in main areas.
• Recessed lights in kitchen and hallway, fans in bathrooms, exterior lights.

This provides a broad overview, focusing on major components. A detailed scope of work can be provided once the Earnest Money has been paid.

Ravenswood has a strong rental market due to its proximity to major employment hubs, public transportation, and amenities, making it ideal for long-term rental income.

Ravenswood has experienced steady growth, with increased property values over time, making this property a solid appreciation play.