Budget Breakdown: A Gloomy Apartment in Israel Does a Full 180 for $115K

Architect Michael Peled surveyed the apartment of his client, a young mother, and saw something she hadn’t noticed. She had purchased a second-story flat in the Carmelia area of Haifa, Israel, with help from her parents. Perched on a hillside, it had a small enclosed room in the back with corner windows that peered over the Mediterranean. The laundry room at the end of a long hallway had another wide exposure hidden behind rain glass windows.