Situations arise when family members have to make difficult decisions regarding the home of a loved one who is no longer able to care for it. A Chula Vista resident recently faced this dilemma and turned to Renovation Realty for help in renovating and listing her family’s home, which was outdated and behind on mortgage payments due to a family member’s illness.
Renovation Realty’s work on the 2,208 sq. ft. Chula Vista property included new granite counters and stainless steel appliances in the kitchen; updated bathrooms with new mirrors, tiles, vanities and lighting; refinished original hardwood floors; new carpet; and fresh two tone paint throughout the home. The total cost of renovation was $98,800.
The four bedroom, three bath home appraised at an estimated $310,000 before renovations. After Renovation Realty’s updates, the property sold at $485,000. After renovation costs, the homeowners netted an additional $97,000.
Two years ago, the house would have been a short sale. Now, the family will be able to receive a return because of Renovation Realty’s tailored improvements and recent rise in the market.