East Freo sold in 6 weeks for 1.250m cash offer

Based on 3 agents valuations and RP data the property was valued before the renovation at best between $1-1.2m was renovated for 80k, sold for cash offer in record 6 weeks in this downturn for 1.250m

which is a fast time frame for properties over the 1m mark in a low real estate climate in Perth

Time to renovate 14 days (2 storey 4 bed, 4 bath home!) WOW!

Sasha & her army of trades are renovating a home in East Fremantle for a couple who want to sell and move east!

She has a couple of hurdles to overcome...the next door neighbours home is a replica side by side splitting image of Sasha’s clients... and it is also on the market and its overpriced

They look exactly the same and the neighbours have been on the market for 9 months, NO SALE! So sash needs to differentiate her clients home and make it ‘stand out from the crowd!’ in order for it to sell fast in this downturned slow market and maximise the value so she doesn’t get into a price war with the neighbours.

Agents who are all struggling to get listings due to the downturn and a lot of people deciding NOT to sell but instead renovate what they have got, to save taking loses on their homes, paying agents fees,  etc are now putting money back into their existing homes to bridge the gap and get the home they love through renovation.

Based on 3 agents valuations and RP data the property was valued before the renovation at best between $1-1.2m and maybe taken 6-12 months to sell in this market. As with the neighbours home after 9 months on the market, it was taken off and rented and not even one offer came in.

If you’re in a down market and a home needs work done to lift it to a modern state, it will sit on the market as potential buyers see it as too much work to renovate, also a lot of people are visual so they can’t see through the tiredness and clutter!

You will always add value and when you renovate and help sell it faster guaranteed!

As a result the East Freo home was renovated for $85,000k which was a bargain considering it was a 4x4 3 storey home and the scope of works was substantial. 

It was also ‘Staged For Sale’ with hired furniture It sold after only 8 weeks for $1.250,000 million cash offer!

That’s an excellent result as it could have sat around for 9 months like the neighbours exact mirror image gaining a sales price of around $1m, yet it moved quickly in record time 8 week (average sales times in Perth are currently 6-12 months!) and they made $250,000 more than they would have achieved unrenovated.

So now they move on to their new life...

The importance here, get a higher sales price and shift it faster when you ‘Renovate for Sale!’

Call Sasha & her team on 9361 6911