HI!!! As promised here is a Friday’s Featured Flip. And as promised in yesterday’s post this flip is phenomenal. But we have a good-news-bad-news situation here. Which would you prefer first? (But before we get to that, I’d like to explore whether anyone can weigh-in on what it says about me that I always pick to hear the “bad news” first. Is that weird? I mean, who wants to hear good news only to be pulled down by the bad news. If you start with bad news, then the good news will lift you up. I think it means I’m an optimistic person. Right?)
Okay, I’ll spare you more of my ramblings. Let’s talk about Jayne because it’s spectacular. And now for the bad news (of course): it’s sold, and the before and after pictures are impossible to match up.
Now for the good news: I know the new owners! This means we don’t have to speculate who the buyers are going to be and we know a little more about this house than we normally do. But I’m getting ahead of myself. Let me give you the details.
You know the first rule of buying real estate, right? Location, location, location. Jayne’s prime location makes this house an incredibly successful purchase. It is in a quaint part of Berkeley, within walking distance to an even more quaint shopping area.
How’d they do?
You’ll soon see why I have heart-eyes for this house. The only thing I want to touch upon here are the colors in this house, which is a combo of cool and warm colors. For the last few years, cool colors have dominated home decor. But recently I’ve been noticing more and more designers adding some warmer colors to their decor.
This is one of the first houses I’ve seen staged well that uses a lot of warm colors. The walls and flooring are in the cool family but the furnishings and accessories are almost all in the warm color family. And I think I like it. Why it works for me is because there’s a big dose of cool colors while the warmer colors are only in the furnishings and accessories. The trick is getting a piece to bridge the two color families.
The buyers are a recently married couple who don’t have any kids…yet…but I’m pretty sure they’re planning on having some soon. They both work high pressured jobs. Mr. Man works with the husband and he grew up in the same neighborhood we currently live in. The husband didn’t enjoy his time here so I think that’s why he and the Mrs. looked in Berkeley.
This was the first house they put an offer on. In this area the state of the market is such that people are having to “kiss a lot of frogs” before they get an offer accepted. So they weren’t surprised that their offer didn’t get accepted.
As luck would have it, a week later they got a call from their realtor telling them that the “winning” offer had fallen through, and now the sellers wanted to accept their offer. The couple’s realtor was shocked that the first offer fell through and that they were going to get the house for their offer. I’m really happy for them and this house is the perfect forever home. Buuuut…man, when you see how much they paid for Jayne, you’ll be shocked. I presume that the offer that fell through was higher than theirs, and that truly blows my mind.
Now we’re going to move onto the house. As I mentioned above I can’t match the before and after pictures. Here’s why: these flippers RAISED the house and added a first floor!!! (Man, it was really hard not to say that they raised the roof. #yourewelcome.) The old house (now on the 2nd floor) was turned into bedrooms and the new 1st floor has the kitchen, living and dining room.
I’ll step aside and let you enjoy the house now.
Front: before & after
Front Porch: before & after
1st Floor: before
“1st Floor” (now the 2nd Floor): after
The bridge that makes the cool and warm colors work in the master is the rug because it has both. In fact, it’s the rug in most of these spaces that is making the cool and warm colors work well together.
1st Floor: after
I forgot to mention that this house also has a detached cottage. I’m not sure if they could rent it out to a full-time tenant but it has real Air-b-n-B potential. Chag-ching, cha-ching!
And that concludes our tour. Are you ready to see how much this house sold for?
This house sold for almost a half-million over asking. That’s $500,000. *speechless*