Market Condition: Seller's Market
Home Type: Condo
Size: 1BR/1BA, 500 sf
Challenges: Vacant, appeared dark, kitchen appliances
Highlights: Good flooring, south facing balcony, quiet side, parking and storage, pets and rentals allowed
Costs: $4500 (Staging, paint, appliances)
Listing Price: $499,900
Days on Market: 7
Result: Sold well above asking
Once listed, the home was immediately getting attention. As the unit was vacant, it was easy to show and resulted in dozens of private showings and two very busy open houses. Offers were held for presentation until the following week and resulted in multiple offers and a higher than anticipated sale price. While it is likely the home would have sold in multiple offers and over the asking price, the small investment in improvements and marketing the home with its best foot forward brought the seller more interested buyers and a much higher price than anticipated. In this case, big impact marketing for this small home was worth it.
Click to view the original listing of this property including photos and video.