21 Days
$34,000 Investment
$450,000 Increase in Property Value
My clients purchased this home in 2015 before children. They have since moved into a larger home and had been renting this property for the past few years. Time has come to sell in order to realize the huge $500K capital gains exclusion as your primary home, so after the tenant vacated we quickly prepared the home for maximum impact. The home had some shortcomings, but it was a great starter home in a sought-after community and we discussed how a few key improvements would really increase this property's value. We executed our plan in three weeks and got to market without a single competing property coming onto the market. Our timing enabled us to attract all of the buyers for the price range and get a huge premium because of the property condition and lack of competition. The successful buyer had been looking for a while and recognized the superior property condition.
- Removed existing laminate flooring and installed/refinished solid hardwood flooring
- Painted interior (removed some heavy window coverings)
- Touched up kitchen cabinet paint
- Installed new gas line and gas range in place of electric oven range
- Removed both bathroom vanities/mirrors/lights and installed modern vanity combination
- Replaced recessed lights with all matching LED modules
- Replaced bedroom flushmount lights with 3 matching flushmount drum lights
- Powerwashed all exterior stamped concrete and house siding
- Remove hot tub in backyard
Let's connect to talk more about the specifics of your exact situation: