Pine Castle Area Condo
Pine Castle Area Condo
Our buyer for this property fell through the day of closing so we decided to rehab it ourselves. The condo was in need of some cosmetic updates and a thorough cleaning. We freshened up the unit with modern paint colors, installed wood looking vinyl plank flooring, painted the cabinets and even used a special faux-granite countertop coating. After re-glazing the bath tub and wall tile in both bathrooms, updating the lighting fixtures, and having some minor AC work done, our grand total rehab cost was $9,500. Other expenses were $11,827 which included utilities, closing costs, and team member compensation. This rehab was completed in 3 weeks and would have been done sooner had it not been for the back-ordered countertop epoxy. EquityPro's estimated ARV was $85,000 and after being on the market for only 4 days, this property went pending at $90,000, making it the highest selling condo unit in this complex.