From Foreclosure to Artist Retreat

This lovely home in Longmont, like so many in the last few years, had fallen into foreclosure. A couple of Boulder area real estate investors had purchased the home and were looking for insight on how to showcase the property to receive the highest possible selling price in the shortest amount of time for the smallest investment.MartiTwilightExterior

As is sometimes common in these properties the home had been stripped of all light fixtures, toilets, sinks, faucets, towel bars and all appliances. In addition the home boasted retina searing paint colors and bright bathroom tile. Lucky for us, the sellers called us in to help prep the property for sale.

After staging and prep work the house received multiple offers the first weekend and sold for 103% of the list price. The average Sales to List price was 98% in Longmont, Colorado for that period with 34% of the listed properties taking at least one price reduction – meaning the 98% number is high because the calculation is only based on the percentage of final list price and does not account for any price reductions. Average Days to Contract for other homes was over 60. Check out the photos and an overview of the transformation: Continue reading