Special offer

SOUTH CHARLOTTE - NEWMAN MANOR - SOLD!

By
Real Estate Agent with Savvy + Company (704) 491-3310 228209

SOUTH CHARLOTTE - NEWMAN MANOR - SOLD!

SORRY TOO LATE!

Newman Manor SOLDI'm always so good about taking photos - whether anyone will ever see them or not, I love taking pictures...and I really enjoy befores & after pictures. This one, sadly, I got so wrapped up in the moment that I completely forgot! So, instead, I'll share the story of this lovely sale. 

 

Newman Manor is a wonderful townhome community, right in the heart of 7 private schools and on the edges of SouthPark in South Charlotte. I have sold several townhomes in this complex - it's small (only 30 units) and everyone knows everyone in the community! This seller had purchased the townhome in 1999 and had only added a Fisher-Paykel dishwasher in the 20 years that she'd owned the place. Now, she had added a 'back stairs' from the garage to a fully-floored attic area so that she could have easy access to her attic. She had also had her crawl space sealed. Inside, literally nothing was updated. 

 

I pulled comparables in the community, all of which I'd toured and found that in the condition the home was in (November, 2019), she would likely be pushing the envelope to get $250,000 for her sale. That was fine with her but, I explained that if she updated it, she could sell for over $300K. Spending $25K, she could net another $25K if she would upgrade before listing.

 

That $25K sounded great to her but, she just couldn't manage upgrades and didn't want contractors in and out of her house while she was living there. So, I got her permission to renovate after she moved out in January and we'd be ready to list in February. She was buying another home and didn't want to have to keep taking draws out for the contractor so, I told her I would take care of it. I would submit the contractor's invoices to the attorney and she could pay me back with her proceeds. I got the contractors scheduled to start the week after she moved out.

 

I picked out paint colors, lighting, tile, carpeting for the bedrooms, granite, faucets, cabinet knobs, mirrors, vanities, & more. $24,000 and a month later, the job was done, staging done, photos & video taken and the home marketed. We marketing for a full week prior to listing it on Valentine's Day...and going under Contract, same day! With the average number of days on the market in Newman Manor of 129, we were thrilled with a Day-ZERO Contract and ultimately the sale!

 

Average DOM - 129                                             My Client's DOM - 0

Average price per square foot - $148.97        My Client's PPSF - $164.52

 

Best possible price BEFORE updates - $250,000

SOLD price AFTER updates -                 $329,214

 

Instead of netting an extra $25K (our projected minimum), my client netted an additional $55,214 - and that is even after spending the $24K for upgrades!

 


 

Here's what we did...

 

We went with an ALL NEUTRAL interior that was freshly painted throughout (including walls, ceilings, stair railings and trim throughout the house). Hardwood flooring throughout the main level living areas were in great shape and only needed to be cleaned. Large bulky drapery was removed to let the sunshine in.

 

Homes for sale in Newman Manor

 

New lighting throughout including new LED can lights and ceiling fans in master and family room. NEW furniture-style double vanity in master, Beautiful NEW tile floor, separate shower & tub.

 

Home for sale in South Charlotte

Renovated master bath on main level in south charlotte

 

New subway tile backsplash in kitchen, newer Fisher Paykal 2-drawer dishwasher in kitchen, new granite tops in secondary baths as well as powder room. The white appliances were relatively new and would have been changed out but, they had barely been used. We also had so many friends of the neighbors who were interested and not one of those who toured the home while the construction was being done, voiced a concern about the white appliances! 

 

Homes for Sale in South Charlotte

 

Eat-in kitchen (above) and formal dining and family room (below) - fireplace had newer gas logs.

 

Renovated townhome in South Charlotte

 

Large brick-enclosed courtyard patio is great entertaining space - that area was spruced up, including the landscaping. 

 

Homes for sale in South Charlotte

 

The new buyer is really going to enjoy the low maintenance living, amazing location and the incredible storage space, including the walk-up attic in garage.

 

Thinking of selling but, don't want to manage the renovations? Let's talk! I can help and would love to do so. Call or text me at (704) 491-3310 today...let's get started!

 


 

 

Take the LIVE, walk-through virtual tour that we provide for all of our sellers. Watch this as though you're watching the movie after having read the book! You can watch in the movie, what I shared above and see the quality of the work that was completed - and for SUCH an unbelievable price too. 

 

 

© Debe Maxwell | The Maxwell House Group | RE/MAX Executive | CharlotteBroker@icloud.com | SOUTH CHARLOTTE - NEWMAN MANOR - SOLD

Comments(59)

Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I had to stop by and say congratulations on a great sale during these tough times! Be blessed!

Apr 23, 2020 11:52 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

OK Debe now that you sold this one where is your new post: JUST LISTED?:))Endre

Apr 23, 2020 10:55 PM
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Debe Maxwell, CRS That is absolutely awesome.  You made great selections.

Are those your pictures? Would you be open to me using some in some of blog posts and/or pins?  Let me know. I'll understand if you don't want to.  I'm trying to improve a few articles. One of the is bathroom vanity trends.

Apr 25, 2020 10:11 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Of course, Debbie Gartner! Help yourself and thank you for asking!

Apr 26, 2020 12:51 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Thank you, Jeff Dowler, CRS and YES, she's very happy and I'm thankful that it all worked out for her. I was confident it would though!

Apr 26, 2020 12:52 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

It really did pay off and I'm so happy for her that it did, Kat Palmiotti!

Apr 26, 2020 12:53 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Thank you, Scott Godzyk - I appreciate it and we think it turned out quite well also!

Apr 26, 2020 12:53 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

You're so right, Steffy Hristova - knowing the product and where to find the best value is what was helpful in keeping the pricing down for her. 

Apr 26, 2020 12:54 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Thank you so much, Beth Atalay! This is something that I thoroughly enjoy doing and am thrilled with the outcome. 

Apr 26, 2020 12:55 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Lyn Sims, I'm thrilled that it all worked out for her - both in physical appearance and her bottom line. I was confident it would though!

Apr 26, 2020 12:56 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Thank you so much, Myrl Jeffcoat! I can't take the credit though - I have an amazing team of contractors and stagers! I just offered my design & organizational capabilities...oh and was a pretty good errand girl too! LOL 

Apr 26, 2020 12:57 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Looking forward to seeing what I inspired you to do, Thomas J. Nelson, Realtor e-Pro, CRS, RCS-D, Vets! You know my number so, when you sign up for it, I'm always available to offer advice!

Apr 26, 2020 12:58 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

There are just some things that I'm super confident about and this is one of them. I knew I could stay on budget and I also know our buyers (who don't want to lift a finger to update or make any changes whatsoever)! So, it was a win-win for everyone, Steven Beam

Hope you're doing well! Give Jamie & Megan my best!

Apr 26, 2020 01:00 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Well, we certainly hope so, Lise Howe! LOL If she doesn't, we'll continue to market like this to the masses!!

Apr 26, 2020 01:01 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Well, thank you, Erik Hiss - I'm happy to help! 

Apr 26, 2020 01:02 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Same here and you know what, there's a legal document for everything, Tammy Lankford,! They don't know our tenacity nor the level of our dedication to our clients, do they?!!

Apr 26, 2020 01:04 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Well, thank you for the 2-fer, Endre Barath, Jr.! I do have a just listed I need to post - I'm behind sending out my market reports and will get on that right away! LOL

Apr 26, 2020 01:05 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Thank you, Laura Cerrano - we are all blessed, indeed! 

Hope you have a great week ahead!

Apr 26, 2020 01:06 PM
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

OMG Debe Maxwell, CRS you are so awesome! Thank you, thank you, thank you!

Apr 26, 2020 01:54 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Congratulations on the sale of this lovely home, Debe.  Continued success in the future!

May 27, 2020 04:59 AM