A House I Just Finished Renovation

A client of mine was going to purchase it, but changed his mind after I promised the seller, so I had to buy it :-(

In Vienna, the best location.

See the front-

I just power washed the siding and repainted the shutters and gutters. Also built the step and walkway for $3000.

 

Kitchen-

Cabinet and granite countertop, labor and material $4200. Who can get this deal? The other estimates are all over $7000.

Luxury appliances on sale in HomeDepot so I saved at least one third of the price.

See the old kitchen-- I tored down the box at the top and added an island.

 

Foyer-- the previous owner had never painted the handrails. I just painted it two layes and it i

s shining.

 

 

 

 

Living, dining, and family room-- Hardwood floor, labor and material $5/sqft. Best price only for me.

 

 

 

Master bath--

Originally, there is a hallway inside the master bedroom and two doors in the hallway. One to closet and one to the bathroom. I wanted to utilize this space by re-arrange it, but I made a mistake by putting a large triangle jacuzzi into a small bathroom, so not much space for sink.

 

Also new carpet for the whole upper level, 4 bedrooms, hallway, and stairs, for only $1450. Deal or not?

Purchase price- $500K.

Assignment fee- $11K.

Points $20K.

Closing cost $15K.

Renovation cost so far- $32100. $2-3K more to install garage doors, etc.

Listed for $749900. The lowest price in whole Vienna for any house built after 1990.

$10K more interest to pay. $22K commission to pay the buyer's agent.

Projected net profit $120K.

 

 

 

所有跟帖： 

• 好久不见，老地主。。。一个deal ding -Crystalwater- ♀ (0 bytes) () 11/20/2011 postreply 10:46:28

• 一个deal , 就一个人一年SALARY -CrystalWater- ♀ (0 bytes) () 11/20/2011 postreply 10:48:33

• But lots of risk :-) -va_landlord- ♂ (0 bytes) () 11/20/2011 postreply 14:22:05

• 这厨房真是漂亮， 才4200， 牛人 -farmersc- ♀ (0 bytes) () 11/20/2011 postreply 10:50:27

• Other estimate $12K ... so I got a good deal. -va_landlord- ♂ (0 bytes) () 11/20/2011 postreply 14:22:39

• 牛！ -凌长老- ♂ (208 bytes) () 11/20/2011 postreply 11:16:22

• You have to buy volume to get low price -va_landlord- ♂ (126 bytes) () 11/20/2011 postreply 14:24:21

• try local building supply manufacturer 回复：牛！ -leappad- ♀ (43 bytes) () 11/20/2011 postreply 14:53:00

• 1. kitchen has only 1 light? 2. is the refrigerator stainless st -surreal- ♀ (0 bytes) () 11/20/2011 postreply 15:43:53

• Yes. 1. kitchen has only 1 light. Recess lights would be better -va_landlord- ♂ (56 bytes) () 11/20/2011 postreply 16:04:05

• does $4200 kitchen include tile floor? -texastrader- ♂ (422 bytes) () 11/20/2011 postreply 15:58:20

• garage door for 2-3K is expensive. -texastrader- ♂ (43 bytes) () 11/20/2011 postreply 16:00:38

• garage door is going to be $1050 with double steel and insolatio -va_landlord- ♂ (20 bytes) () 11/20/2011 postreply 16:07:02

• $4200 kitchen does not include tile floor -va_landlord- ♂ (167 bytes) () 11/20/2011 postreply 16:06:14

• The house is built after 1990? -nova01- ♀ (0 bytes) () 11/20/2011 postreply 20:02:02

• The house was built in 1990 -va_landlord- ♂ (0 bytes) () 11/21/2011 postreply 13:24:38

• 回复：A House I Just Finished Renovation -tiansan- ♀ (80 bytes) () 11/21/2011 postreply 07:28:38

• Sorry, I don't this time. Only one old kitchen photo -va_landlord- ♂ (0 bytes) () 11/21/2011 postreply 13:25:16

• jacuzzi is a mistake -greenfieldcn- ♂ (190 bytes) () 11/21/2011 postreply 15:48:46

• 回复：jacuzzi is a mistake -CHAMONIX- ♂ (47 bytes) () 11/28/2011 postreply 15:45:03