The story of this sale stretches back to July of 2016 when my clients purchased this home for $2,277,500. They had assumed this residence would be theirs for many years to come and with that in mind, made extensive and expensive improvements. As we all know plans can change, they found another home they loved and this new home needed some work, and they did not want to sell prior to the completion of the remodel.
The first step was to photograph the exterior and gardens last June, when everything was in bloom and the weather was beautiful. We knew at that time that we would probably list their home in early 2020, but when I learned that real estate excise tax would be increasing in January 2020, I suggested that we go ahead and list the home for sale this year and see if we could find a buyer that would close in 2019, but delay possession until early 2020. I felt extremely confident about making my clients needs work for them. At that time, I had just listed and sold a home in the same neighborhood that had three offers, so I knew there were buyers in the market for a one-level home.
We decided to bring it on the market and list it under $3,000,000, which barely covered the extensive upgrades my sellers had made to the home, but they were eager to sell and had special terms, so ultimately it was better to have their home well-priced and get it sold. We listed on a Wednesday and by Friday, we had three fabulous offers to choose from! We sold the home for $3,545,000, $550,000 more than the asking price, and closed in just 10 days.
Cheers to another successful sale!
