Articles tagged with: Fullerton

Realtor Redux: Our Spanish inspired-style home in Fullerton looks fresh again

Realtor Redux: Our Spanish inspired-style home in Fullerton looks fresh again

At Bobbett and Associates, we make a home 'move-in' ready for new buyers. Over time, the new owners can make the big improvements, such as remodeling the kitchen and bathrooms. We advise on strategic improvements to increase a home’s listing price and the net gain of the home owner.

We return to our latest Realtor Redux project, a Spanish inspired style home built in 1926. The interior of the 3-bedroom / 1.75-bathroom home in the Golden Hills area of Fullerton has been lovingly preserved with its Batchelder tile fireplace, hardwood floors and curved ceiling details.

But our home inspection revealed the exterior was in need of termite and other wood repairs. Chipped and peeling paint also indicated that a fresh coat of paint was in order to help revitalize the home’s appearance and upgrade first impressions with potential buyers.

We encouraged the seller to invest in exterior improvements, as the home offered great street presence and architectural integrity but lacked recent improvements. We felt the lack of exterior improvements would prohibit the seller from obtaining her desired sales price.

After the owners made the necessary wood repairs, it was time to revive the house with fresh paint and landscaping. We chose period-specific paint colors for the stucco and all of the detailed window trim.

We then made strategic landscaping improvements – new plants and scattered bark and sod – around the home to enhance curb appeal.

Excluding the cost for termite repairs (which were in line with expectation given the amount of deterioration), the homeowner invested about $9,000 in repairs prior to putting the home on the market. Without the improvements, the house may have gone to market for around $725,000.

Now that this adorable abode has been revived with a few key improvements, we plan to list for $799,800.

Redux Realtors: Can we revive a charming 3BR that dates to 1926?

Redux Realtors: Can we revive a charming 3BR that dates to 1926?

At Bobbett and Associates, we make a home 'move-in' ready for new buyers. Over time, the new owners can make the big improvements, such as remodeling the kitchen and bathrooms. We advise on strategic improvements to increase a home’s listing price and the net gains of the home owner.

Our latest Realtor Redux project is a charming Spanish inspired-style home that was built in 1926. Located on a hillside parcel in Fullerton, it has a tree house feel from inside the home and sits elevated above street level.

The interior of this 3-bedroom / 1.75-bathroom home in the Golden Hills neighborhood has been lovingly preserved with its Batchelder tile fireplace, hardwood floors and curved ceiling details.

The exterior is where we chose to focus most of our attention. Chipped and peeling paint and a sparse and tired landscape that consisted of many empty dirt patches were holding this home back from reaching its full potential with homebuyers. In addition, our home inspection revealed the exterior needed termite and other wood repairs.

We encouraged the seller to invest in exterior improvements to enhance curb appeal, as the home offered great street presence and architectural integrity but lacked recent improvements. We felt the lack of exterior improvements would prohibit the seller from obtaining her desired sales price.

Will our efforts to rehab this character-rich house in one of Fullerton’s most sought-after neighborhoods pay off with a higher sale price for our home owner? We’ll post the after photos and an update to our story in the next couple weeks. Stay tuned!

Customer testimonial: 'Terrific Team to Work With'

My wife and I had our home sold by James and Martina Bobbett. We selected James and Martina because of the full service they provide.

They helped us to understand what we needed to do to the home to make it look attractive to buyers. They assisted us in cleaning materials out. They brought in furniture and artwork to help us stage the home. And better yet, when we needed to do repairs within the home they helped us select people, manage those people when they were on site so Sheryl and I could continue to work.

And when all was said and done we had a beautiful home that sold for more than we anticipated. I highly recommend James and Martina, terrific team to work with.

Redux Realtors: Speedy sale thanks to key improvements, despite tricky location

Redux Realtors: Speedy sale thanks to key improvements, despite tricky location

As a follow up to our last blog post about our latest "Redux" project, we wanted to share the outcome and results.

Once vacant, we assisted our seller in completing approximately $15,000 of renovations and repairs to the home to improve how it would show.

When the owner’s son handed us the keys, the home had dark green, dated carpeting, lots of custom drapes and popcorn ceilings.

The carpet was entirely removed from the home, along with the dated drapes (of great style and quality in their time, but not what buyers today are looking for today).

With the removal of the drapes the solid wood French doors were highlighted in their own right. With the initial investment on the owner’s part to bring the home up to a presentable standard, we listed the home at $699,800.

As mentioned in our previous post the home is located on a busy major throughfare street and we didn’t want to overdo the improvements as we were not entirely sure how the market would react to the home when we launched the listing.

The home benefited from an appealing floorplan and being located within a highly ranked high school district, but the street location was the challenge.

Nevertheless, the home sold within 30 days at $675,000 entirely as is.

Of note, the family room addition, added in the 1970’s, had a foundation slab crack so the owner knew he would have to compensate for this needed repair in his pricing. The buyer of the home is in the process of completely overhauling it and making many needed upgrades and changes to the layout.

Homeownership Rate Rises for First Time Since 2004: Wall Street Journal

Homeownership Rate Rises for First Time Since 2004: Wall Street Journal

The homeownership rate in the United States last year rose for the first time since 2004, according to a report we read in the Wall Street Journal. This is such exciting news, and we hope the trend continues.

We’ve previously mentioned how real estate is a fabulous tool for building wealth. But the Recession, which didn’t officially start until the end of 2007, ground the market to a standstill and made it incredibly difficult for Americans to harness this tool.

The markets were flooded with foreclosures. Banks all but stopped lending money for some time and then began lending only under very tight restrictions at first.

We’ve seen evidence in other areas of the housing market that the industry wheels may finally be gaining some momentum, which is why seeing the homeownership number rise for the first time in 13 years is such a big deal.

The rising homeownership number also indicates that more homebuyers are ready to make their move. If you’re looking to sell your house, we can help. Contact us to learn more.

Subscribe

Company License #01272441

Company License #01272441

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