Hunter’s Gate was purchased as a bank purchase. The funny story with this one is that we had put an offer on this property when it was still privately owned. The owner didn’t accept our offer and close to 2 years later we were purchasing it as foreclosure. Originally our plan was to renovate and keep in our current portfolio. Located on a great street and close to all amenities. It fit our companies criteria for a great rental. But as we reviewed the current market and our company objectives, it seemed to fit better as a renovation and sell project. We had booked a long-awaited vacation to Mexico in the beginning of February which had been determined the year previous we would be shutting down for two weeks while we all got some much-needed R&R. Then too top things off, I already had a project lined up to begin upon our arrival back. This gave us a very small window of 3 weeks to get the property demoed, renovated and ready for market. Paint, flooring, granite countertops, custom tile work and some amazing stone and trim accents topped the home off.
The house was in good shape. But it just didn’t have any personality. Dull colors, cookie cutter fixtures brought no wow to the place. One of the things our company is known for is trim and wallpaper accents. With a 14-foot wall surround by floor to ceiling windows, was a perfect opportunity to once again push the limits and showcase our designs. Scaffolding was brought in to reach the ceiling and the full living room wall was designed with a beautiful trim feature wall. Along with travertine stone fireplace on the opposite wall. We continued embellishments throughout the rest of the property. Adding an island and custom tile work in the kitchen. Embellishing the half bathroom with wainscoting and wallpaper to take a drab powder room into a beautiful getaway. We really focused on the small items and establishing eye catching pieces throughout the home to bring that sizzle factor to the property.
We finished with one day to spare. I got on a plane with my family on Friday and sold the property on Sunday from the luxury of my beach chair. Some days things just work out!
Timeline: 3 weeks
Actual Renovation Costs: $27,301.45
Items Completed: Drywalled and mudded the Basement, all new appliances, Flooring, Granite Countertops, Kitchen Island, Paint, Lighting, and so much more!
Property Sold: $315,000
Style of Property: 3 Level Split
Square footage: 1,159
Year Built: 2007