Family Home Owners

The house was cluttered and well lived in. To renovate prior to sale, the return on investment and benefit to the vendors would be minimal.
Client
Family Home Owners
Situation
Selling the "family home" which the Vendors have lived in for over 20 years.
  • 4 Bed 2 Bath 2 Car, well loved, well lived in family home.
  • This established home is in need of complete modernization.
  • Market research indicates that for this property at this time, speculative investment by fully renovating the house prior to sale would be of minimal or no financial benefit to the current Vendors.
  • Indicators suggest that a proportionately higher return could be achieved by minor, “cosmetic” freshening up of the property.
  • Craig/Eastblock project manages de-cluttering, interior and some exterior painting, detailed cleaning, some carpet removal and wooden floor polishing,  superficial landscaping. Some items of furniture are removed, minimal yet strategic styling is done.
  • The house is offered for sale by private treaty.
  • Craig/Eastblock works with the agent of the Vendor’s choice.
  • The property is sold.

 

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