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Artemisa Case Study - $19,666 Profit - 18%
We purchased this property considering the following Criteria;
- Bank owned property
- Price $44/sq.ft. below market comps avg of $65/sq.ft.
- Roof condition good, only minor repairs required
- Exterior condition good just clean and repaint.
- Final selling price well within reach of 1st time home buyers
- Location close to banks, shoppng centers and expressway
BEFORE
AFTER
- Demo fountain in front of home
- New roofing over rear patio
- Replace bad roof shinges
- Install new designer front door and tinted glass side lights
- Replace exterior lighting - front, rear and garage door, install rear flood light
- landscape front and seed front and rear lawn
- repair and paint driveway gate
- repaint rear storage shed
- repair leaning wood fencing

- Repair various plumbing leaks
Scope of work external
Scope of work internal - main floor
- Demo kitchen floor and install ceramic tile
- Refinish kitchen countertops with grey-black granite look formica
- Refinish kitchen cabinets, install new drawer guides
- install new kitchen sink, dishwasher and garbage disposal
- install new dishwasher and stove hood
- install recessed 4' x 4' designer kitchen lighting
- install new bathroom shower door, pestial sink, mirror, light fixture and toilet
- install shelving in Kitchen pantry
- Demo family room floor and install new ceramic tile
-Demo bedroom and bathroom floor and install new ceramic tile
Scope of work internal - 2nd floor
- Service A/C attic unit, fix condensation pluming leaks
- repair ceiling water marks'
- install new carpeting all 4 bedrooms and stairway
- repaint all doors, walls and trim
- install new ceiling fans all 4 bedrooms
- refinish hardwood flooring in hallway
- replace bathroom/masterbath light fixtures with designer fixtures
- refinish bathroom/masterbath cabinets
- replace bathroom/masterbath faucets and drains
Scope of work internal - general
eXp Realty in Georgia, Atlanta area
Promenade II 1230 Peachtree St. NE. 19th floor
Atlanta, GA 30309
Broker office: 404-422-6575