Heaton Ballard was recently asked to speak at our regional REAPS meeting and present the deal of the year. We chose a Ballard deal that resulted in over 100k profit for our client and sold in one day on the market! We were honored to be asked to speak at the November meeting and I wanted to share the outcome of the deal with the active rain community. Take a look and tell me what you think!
Here's the before shot.
Check out the specs!
6751 3rd Ave NW Seattle WA 98117
Specs:
¡ Illegal duplex
¡ 2,200 sq feet
¡ 3 bedrooms
¡ 2 bath
¡ Total Remodel
Here's what actually happened with the property!
Changed the design to maximize profits
FMV: $560,000
Actual Fix-up $110,000
Holding Costs: $19,600
Selling Costs: $50,400
Actual Profit: $135,000
SOLD IN 1 DAY
10k OVER list price!!!
Now let's take a look at the before shots!
Here's the after shots!
This is our process:
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