How We Sold This Noe Valley Home For Nearly $1 Million Dollars Over List Price
If you know us, you know that one of our favorite things is helping our clients maximize the value of their home through simple updates. Before selling a property we spend time analyzing the market and choosing the strategy that is most beneficial to our clients. In most cases, making improvements to their home will yield the highest sale price.
For this Noe Valley duplex at 55-57 Valley Street, we did a number of fairly cost-effective upgrades, relative to the total ROI value we received. For this home, we managed full exterior paint, full interior paint, staging, changing countertops, changing hardware (lights, knobs), painting cabinets, and redoing some of the grout work in the bathrooms. After these thoughtful upgrades, this Noe Valley duplex sold for nearly $1 million dollars above list price!Â
These changes led to record-breaking activity! 100+ groups through each open house, 60 disclosure packets out and 15 offers. We were able to sell this property for $1,140 per square foot vs the average of $912. Our out-of-town seller invested $100K getting the building ready for sale at no upfront cost (with the Compass Concierge program)! The property originally appraised for $2.4m in its original state, but we sold it for $2.9m. You can bet we had a very happy seller.
Our knowledge of the local real estate market combined with our background in interior design allows us to envision the potential, identify the areas for improvement, create a plan and put the right resources in place to get your remodel done on time and on budget. We fully manage these projects from start to finish, using our trusted vendors and contractors – it is our goal to make this a truly seamless process.
Sometimes it is hard to see your home’s potential. That’s where we can help! By taking the extra time to enhance the property before bringing it to market, we help our sellers realize the true value of their property. This sets our team apart.
At the end of the day, what matters is that our sellers were ECSTATIC! They would not have been able to make these updates were it not for our vision, execution, and access to funding from Compass. And we would not have had the opportunity to sell this property if it were not for our sellers. Thank you for trusting us!