Budget Breakdown: Their $98K Los Angeles Basement Reno Came In at More Than Double What They Planned

A creative couple’s Silver Lake project was a hard lesson in construction costs and a fun experiment in sourcing secondhand finds.

Felipe Lima and Ash Fenton were quickly growing disillusioned with the Los Angeles real estate market. In search of a two-bedroom, one-bathroom home on the city’s Eastside, they found that move-in-ready listings were being snapped up, often for double the asking price.

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Grace Bernard
Grace Bernard is a freelance writer based in Los Angeles where she covers architecture, design, culture, and travel.