When Andrew Khosravi and his longtime friend bought their house, it was ripe for a makeover.
The century-old foursquare had a great location, in Minneapolis' Lowry Hill neighborhood. But the house itself had lost whatever original charm it once had, thanks to a series of previous makeovers.
Still, the friends thought it had potential to be a great investment. "We planned to live in it a number of years, then sell it," Khosravi said. "We bought it to fix it up." But not right away.
At the time, the two men were in their 20s. "We wanted to live near the lakes and the great Uptown social scene," Khosravi said. So they moved into the five-bedroom house in 2008 and brought in roommates to help cover expenses.
Then the real estate market collapsed, and the friends were faced with a decision: Should they try to sell the house as is, or improve it? And how much more money should they invest, given the state of the market? One real estate agent advised them to make a few quick cosmetic enhancements and then "dump" the house, Khosravi recalled. But instead, he and his friend opted to make more substantive improvements.
"We decided to do the whole thing and hang onto it," Khosravi said. "We wanted to put the character back."
They looked for a collaborator who could help them bring the house into the 21st century, while paying respect to its original era.
"When picking a designer, we were looking for that in their portfolio — experience with older homes and bringing them back to that authentic look," Khosravi said.