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Manhattan Village Turnkey Single Level

Turning a Remodel into a $400,000 Gain

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Challenge

Maximize the proceeds of the home to benefit the nieces and nephews as beneficiaries. The property had been tenant-occupied for years, originally built in 1952, hadn’t been updated in two decades.

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Strategy

Offer the Successor Trustee three improvement options with increasing investment and ROI to deliver a turnkey property that would be highly desirable in the local market to net the best financial outcome. My client chose the most costly option resulting in a fully remodeled kitchen, extensive landscaping improvements and updating throughout the home.

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Result

We received 5 offers and sold in 6 days for $130,000 (5.6%+) over list price. The transformation netted approximately $400,000 or more after remodel cost what we estimated it would sell for without the improvements.

Before & After

Backyard

Before & After

Kitchen

Before & After

Living Room

Before & After

Lower Level Bedroom

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Liz Bird is known for being approachable, honest and a relentless agent for her clients’ interests. She has an undeniable talent creating value for her clients, helping them visualize and transform properties.

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