This 1950's split was a short sale, being badly marketed by the listing agent. It only took one look to see the potential here. We jacked up the main beams in the house to level the floors and renovated that formerly unused ground floor space to add a family room. New wiring, lighting, refinishing the floors, and replacing windows completed the project. We also did a "shed make over" to add to the entertainment value of the spacious back yard.
Big Accomplishment: After a 3 month renovation the house appraised at 40% more than the total investment. Net/net the owner got a fully renovated home and $25,000 from the proceeds of the re-fi.
Big Accomplishment: After a 3 month renovation the house appraised at 40% more than the total investment. Net/net the owner got a fully renovated home and $25,000 from the proceeds of the re-fi.