A golden outcome: Key home improvements in short time span yield multiple offers, happy seller

A golden outcome: Key home improvements in short time span yield multiple offers, happy seller

With only a 12-day window in which to complete our latest project, we had our work cut out for us. We had a pretty significant list of items that needed a little TLC.

We refinished the hardwood floors, which date back to the home’s construction in 1956. We also installed new tile in the master bathroom.

A fresh coat of paint is one of the best things you can do to immediately give new life to a room. We repainted the interior including the kitchen cabinets.

We also made several plumbing and electrical repairs throughout the house. A little landscaping was needed in order to give the home curb appeal as that is the first impression perspective buyers get of your home.

When the improvements and repairs were completed, Martina then set about staging the home based on her design concept for this particular property.

She highlighted every good feature of the home, and the result was a warm inviting environment that would encourage potential buyers to see themselves living the good life here.

Our out-of-town seller, who left all the decisions in our hands, was highly impressed when she saw the professional photos and she was so grateful for the work we had done in such a short time.

The renovations went smoothly and we came in under budget. The bottom line is we spent $10,888 on the ‘prepping’ of this home, and in return we sold the home for $65,000 more than the seller had thought she would get if the home was left in its original condition. Talk about a return on investment!!

A golden opportunity in Golden Hills: Can we stay under budget and on-schedule?

A golden opportunity in Golden Hills: Can we stay under budget and on-schedule?

At Bobbett and Associates, we do all we can to help our clients see the highest return on their investments, and we do so by advising them on key improvements they can make upon listing their home that enable us to ask a higher asking price than we might otherwise be able to.

Our latest renovation project is an exciting one. We were called by an out-of-area property owner who was looking to sell a very special house – a property in the Golden Hills neighborhood that’s been in the same family since it was built in 1956.

The home was in need of some strategic improvements to ensure we would be able to maximize the current market value. With a firm budget of $10,000 or less, and with a 12-day timeframe to complete the upgrades, we certainly have our work cut out for us!

We are in the process of completing the following improvements:

  • Refinishing the beautiful original hardwood floors throughout
  • Full interior painting, including painting of the original kitchen cabinets (this is a fantastic way to update a kitchen without spending a lot of money, we’ll finish the cabinets off with new hinges and hardware as well)
  • New tile floor in master bathroom
  • Various handyman fixes from plumbing to electrical as needed
  • Light landscape clean-up in the backyard and removal of an old metal patio cover

Once these projects wrap, the final steps will be a full house cleaning and then home staging by Martina (a complimentary service provided by Bobbett & Associates). A professional shoot with a real estate photographer will allow us to show off our beautifully updated home in the best possible light.

Without the improvements, the home would likely sell at $625,000 or less. But with a strategic budget of $10,000, we hope to get well over $720,000 for the home, in other words, a net gain of $85,000 to our home seller!

We can’t wait to show off the huge improvements at this house when we go to market in a few short weeks. Stay tuned for an update on how everything turns out.

What's it like to work with Fullerton Realtors at Bobbett and Associates? View video testimonial

We interviewed other Realtors before we went with James and Martina. We were very pleased with how they worked with us in terms of getting our home prepped for the market and the photography we used. ... With the house on the market, it sold in seven days. We got over our asking price for the house and then we were able to get ready to move to our new beginnings.

Call or Email James

Subscribe

Company License #01272441

Company License #01272441

DRE #01189723 (Martina Bobbett)
DRE #01272441 (James Bobbett)