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This lovely rambler on 1/4 acre just closed this week. Listed at $425,000 we sold for $420,000 after a week on the market. This home went under extensive remodeling and staging to get it sold for this price, this quickly. The sellers had tried to sell in 2008 with another broker, but they had not made the updates or done staging necesssary to do so. And the market was declining then and they did not make the price adjustments fast enough.
Here's a breakdown of what we did:
Pulled up wall to wall carpeting to expose beautiful hardwood floors, then refinsihed them. This was the most important thing they did. Harwood floors are an absolute must and give every home loads of character.
Removed old heavy curtains. They had very thick old fashioned drapes. They were not bringing in light and gave the home a dated feel. We pulled them down and installed very simple rod and pocket panels from Target. Incredibly inexpensive and made a huge difference.
Replaced kitchen cabinets, pulled out old pass through cabinets and opened up kitchen to dining room. This house had great flow already but you could not tell with these cabinets in the way. We replaced the entire kitchen (minus appliances) for $5,000.
Replaced old light fixtures. This is an easy fix that gives an instant facelift.
New bath vanity. Again, simple, inexpensive update that can really transform a bathroom.
Replaced basement carpeting. Although this carpet was not that old, the cats had done a number on it and it had to be replaced.
Fresh coat of paint throughout.
Put tiles in entry vestibule flooring. Believe it or not, it had a concrete floor and when it was on the market before, no one suggested they change this. It cost $85 bucks!
Staging. We were on a budget, so instead of paying a stager and charging my clients for accessories, I spent about 10 hours staging it myself, brought in many of my own accessories and even furniture and had the clients spend much less on accessories overall.
These updates were necessary to keep up with the comparable sales in the neighborhood. Another similar home with similar udpates had just sold for $412,000, so we knew we needed to step up and get this home in top condition, and it worked!
Coral Gundlach, CRS
Realtor serving Arlington, Fairfax and Loudoun Counties in Virginia
Looking to buy or sell real estate in Arlington, Virginia and surrounding areas?
This blog is a great place to get advice, tips and market information on Arlington, Alexandria, Annandale, Falls Church, McLean, Fairfax, Vienna, Oakton, Chantilly, Reston, Herndon, Springfield and Loudoun County Virginia Real Estate.
I am a Top Producing Realtor servicing both buyers and sellers in all of these areas. If you are looking for a different kind real estate experience, then give me a call or email.
Buyers: My goal is to give my clients the tools and information they need to find their best home. I will give you honest, sound advice, based in reality of the market, and never pressure you. I also will guide you through the complicated process of contracts, mortgages, inspections and negotiations.
Sellers: I do extensive comparable research, and will know the best features of our home to market, blanketing the internet and surrounding area with news of your listing. I will blog about your listing, tell my colleagues about it, and make sure its best features reach the appropriate target audience.
To get the place you really want, but don't think your budget can afford go with Coral. Her tenacity will ensure you get the place you really want and ... more
As a busy executive being relocated by my company, I needed an agent who would manage the sale of my home while I stayed focused on the pressing needs ... more
Coral was the ultimate professional in my last transaction. I've bought and sold many homes over my lifetime and this was one of the best ... more
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.