Not A Teardown

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Before: Teardown value $550,000

The MA Properties Online team was approached by an estate who had been offered $550,000 for the home by a builder. We recommended smartening-up the home and marketing it to home buyers looking to buy in Lexington instead of selling directly to a builder. The smartening-up consisted of:

  • Basic landscaping    
  • Clearing the home
  • Removing the wallpaper and painting inside
  • Re-facing the kitchen cabinets
  • Removing the carpets and refinishing the hardwood floors.

The total cost of the work was approximately $25,000.

The Results: Buyer paid over $700,000

The MA Properties Online team brought the home on to the market in the Fall market. After a very busy weekend during the Saturday and Sunday Open Houses, we received 10 offers and the home sold for over $700,000 with no inspection contingency and no mortgage contingency. After the smartening-up costs and real estate fees the sellers made over $100,000 more than the option of selling to a builder.

If you are approached by a builder talk to the MA Properties Online team first. Home buyers are desperate to get into Lexington and by not exposing your home to them you may be loosing tens of thousands of dollars.

Best in class marketing

The MA Properties Online team is the GOLD standard when it comes to marketing your home. Professional quality photographs, video, floor plans, and high quality print adverting at the open house and to potential buyers targeted based on the property type and price point. To this we now add the 3D Showcase – an online experience that lets home buyers move through a property and see it from any angle. To interact with the model for this home click the images below.