On Market 2 Days, Forest Acres Ranch Is Sold
Late last week, Amanda listed 4653 Sylvan Drive, in popular Forest Acres. On Saturday, this cute brick ranch received an offer, and by the end of the day it was sold.
This was very recently a tired house, that needed updates throughout. Amanda and her contractor saw the potential, and made it what it is today. Her seller/contractor changed the floor plan, installed granite, built a true master bath, shined the floors and obviously transformed it into a winner.
After the construction was complete, they shaved an overgrown magnolia and made it shine with some staging touches.
While most investors are long gone, this is a great example that real opportunities can exist in today's real estate market. That said, I'd coach anyone to leave the flipping to the experienced (and fast) prospectors.
On a side note, this home is in a strong area, which helps exponentially. Forest Acres continues to perform, and fetch dollars/foot that can give any "move in ready" home a better than average chance to sell. Backed by popular Satchelford Elementary School, good retail outlets, and reasonable price points, Forest Acres is a good place to buy and sell real estate.
Congrats to the buyer, seller, and Amanda on this one. From the beginning, Amanda told me this one wouldn't last long. Looks like she was right!
Monday, April 25, 2011
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment