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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 |