Hello Flip-Lovers! Today is Friday so you know what that means: I’m featuring a house that was flipped. This will be the first flip I’m going to feature that is actually in pending status. And at the end I’ll give you an update on a few of my past Friday’s Featured Flips so hang in there ’til the end…
This lovely lady started off in rough shape. Unfortunately I won’t be able to show you any pictures of the inside from before but when you see what the front looked like before I’m sure you’ll agree with me that this house was completely and utterly transformed. Here is where she started off before:
It’s taken almost 2 years for these flippers to sell this house (#knockonwood). When do you think this house was rehabbed? Initially I thought it was done between September and December 2014. But maybe not because why would they keep the house “pending” for 3 months and then delist 4 months later in June 2015. And then wait a year to put it back on the market.
In 2015, the market here was without question booming so it doesn’t make sense to me that they’d keep it off the market a whole year. So maybe they fixed it up between June 2015 and September 2016. To me some of the finishes scream 2014-15 but others are consistent with what we’re seeing now (hello, horizontal fencing, I’m talking to you…) It’s a real mystery.
Maybe I’ll find the flippers and interview them. Would you like that? I should get to them before they see this post though…
In any event, there is no denying this house was transformed. Here it is again before from a different angle this time.
It appears that this house used to have a second story (see black arrow above) and now it doesn’t. Where’d it go? But more importantly how did they add 400+sq. ft while taking off the second story. My guess is that they added on to the side of the house — in other words they made the first floor wider. Here’s another picture of the front of the house before. I think they added on where the white arrow is. What do you think?
Before we go inside, I want to talk a little about staging. Here we have another house that is suffering from bad staging. While the finishes in this house are not my favorite, I think the staging makes the updates seem dated. Here are a few pictures with staging choices highlighted to illustrate my point. (Every time you see a black arrow imagine me saying “Why?!”)
I think the biggest problem with the staging is that the colors clash with the finishes. The house is painted inside and out in shades of gray and yet the staging furniture and fabrics are in warm colors. And if that wasn’t bad enough a lot of the furniture looks like it was borrowed from a tacky 50 year-old’s bachelor pad. It’s really killing me…
Dining Room & Kitchen
I’m pretty sure all of these bark chips came from the trees they fell on the property, which I think is pretty clever.
So there you have it. What do you think of this flip? Are you as curious as I am to see if this house finally sells and if so, how much do you think it will go for? I predict it will sell this time and sell for $625,000. Anyone want to take wagers?
Updates on past “Friday’s Featured Flips”
Calmar – still hasn’t sold and they just reduced the price by $300k to $2.19m
Manila – shockingly this hasn’t gone pending and they’ve reduced the price$50k to $799k. I would have put money on this house selling quick and for over asking. Goes to show that real estate is a fickle b***h.
9th Ave. – not surprising this house is still on the market and it just had its 2nd price drop in 37 days…it’s now priced $20k lower.
Very First Friday Flip: Grand – this house was taken off the market 9 days after it was listed…something real bad must have happened.