We Sold the House!

You may recall a short post a few weeks ago describing the situation with a client of mine and their need to sell their income property in Santa Monica California.  While the townhouse was in a great neighborhood, the Crosby family was ready to move on from the responsibility of being landlords and reclaim the capital in their house for their growing businesses.  They had a few weeks and a limited budget to clean up the property after the renter left.

Josh and Amy decided to test the waters on this project by working with a contractor to help them rapidly update the kitchen and bathrooms to make the place sparkle for prospective buyers.  Only catch – the contractor involved was a good friend of theirs.  They survived it swimmingly but check out the video below to see why their experience was so successful.

 

With a small budget and a super short timeline, I knew we needed to focus our efforts on their dated kitchen. With white countertop and black grout lines, it screamed 1980’s to potential home buyers.  Todd helped us demo the old tile countertop and backsplash, and install new butcher block countertops from Ikea to give the space a warm glow.  The best part is that these countertops were in stock and available immediately!

We repainted all the cabinetry in the kitchen – I’m a stickler for keeping existing cabinetry if they are in good shape and are efficiently laid out – major bonus in the budget department!  I chose to paint the upper cabinets and the walls and ceiling the same white, and add in a warm, light grey for the lower cabinets for a two-toned contemporary look.   Even though it might seem like a splurge, I knew Josh and Amy’s house would really benefit from a set of new, stainless steel appliances and sink.  It made all the difference in this space.

I pulled out another super affordable tradesperson for this job – my tub refinisher Henry Garcia. I knew we didn’t have the time or money to demo and install new tile in the bathrooms, but the grungy peach tile was really glaringly dated.  In a matter of hours, Henry refinished both bathrooms’ tile in a custom gray spray finish.  Shazam!!

 

Once we were finished the remodel, we staged the space for maximum impact on open house Sunday. Stager Connie Tebyani set the space for a beautifully laid out floor plan, so prospective buyers could envision themselves in the house, including showing us how to set up the open concept dining room to its’ best advantage.
Two weeks later, we sold the house, with a backup offer!
Needless to say, Josh and Amy are thrilled. I’m so excited that you all stuck with us on this journey – thanks for reading along. What do YOU think of our quick and affordable flip on this income property?  Sound off below…

Comments (5)

  1. Laura Pardini says:

    Such great advice! As a Realtor, I know that you only have a few seconds to make that first impression when you open that door. Laurie's instincts are right on the money. She is personable and you can't help but love her!

  2. elaine says:

    Wow…you made huge improvements…that butcher block was a great idea!

  3. Cindy says:

    I just love how you made such an impact just by having the 2 colors of gray on the cabinets! The butcherblock countertop really looks great with the cabinets too!

  4. Henna says:

    I love the additions! Looks awesome.. I am loving the bathroom tile update.

  5. Kim says:

    Working with friends can get tricky, thanks for the tips on this sticky issue. I really appreciate the tip on refinishing bathroom tile instead of replacing it, fiscally smart & sustainable solution. Filed under awesome!

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Advertisement
 
Latest Pins on Pinterest
  • The HGTV Smart Home 2014 Giveaway...

  • Across the hallway, the additional...

  • Bathed in blue, the upstairs...

  • #HGTVSmart Tip: Don't...

Do you have a burning question we can help with?

Ask Now »