THE_SHELHAMER_GROUP_LOGO_WHITE-01

In this article – Renovation tips from a West Hollywood fixer, you’ll learn how for under $12,000.00 of renovation and staging I grabbed our sellers $130,000.00 above asking price in 12 days.

A fixer home can get a lot of attention in Los Angeles, CA or anywhere in the country. First-time buyers can get nervous and ask for big credits or a price reduction. Renovators and developers love the opportunity and want to pay wholesale prices. What’s a seller to do so as not to lose their shirt?

Follow these rules and laugh your way to the bank.

The short answer is to put lipstick on the pig, play the necessary music, light the incents, serve cold drinks and smile.

If you are curious to learn step by step how I did it read on. We modified, updated, and lifestyle staged the interior + exterior. The budget was $12,000.00. We came in under budget. The sellers are very happy.

THE GOAL – Make the house easy to understand and sophisticated on a budget.

This sounds simple but it’s easy to miss a moving target. Here are the #1 steps to update a house before listing it on the MLS for sale. We’re watching every last penny to keep as much money in your pocket as possible.

Whitewash everything. Keep it clean and simple. We love Whisper White. It’s expansive and elegant. A good rule of thumb is to paint cabinets, drawers, built-ins, and most anything else white too. White and black aren’t colors. They are the absence of colors. It’s very hard to screw up using them.

The fireplace was ugly.

It was the first thing I saw walking in the front door. It made me very sad so we re-glazed it white – it disappeared! This is a good thing.

Re-glazing is an inexpensive solution for changing the colors of tile and stone. At a fraction of the price of demo and re-tile or resurfacing it’s a no brainer as a renovation quick solution.

Renovation tips West Hollywood fixer

Staging and empty room before/after

I’m sure you’ll agree with me most homebuyers enjoy walking through a well-stylized property. It’s fun and easy to picture yourself living in a space when the lifestyle has been created especially for you. That’s the message you should get from a home for sale with excellent home staging.

The below image is of the same room before staging and after staging. You can see how different and alive the livable space looks after the painting, lights, and staging have been loaded in.

Renovation tips West Hollywood fixer

Kitchen remodel less than $2,500.00

The kitchen is a big selling box that needs to be check for most first time homebuyers. A new kitchen is what you envision when buying a new home, not somebody’s older rental unit that hasn’t seen an update since 1993.

First, the appliances were moved into the dining room. Then the sink faucet was installed. It’s important all faucets, fixtures, or fittings are completed before painting and re-glazing.

Next, we painted followed by the counters and backsplash “stinky” re-glazing. The re-glazing odor is intense. Expect to stay clear of the Jobsite for 48 hours. Not kidding. Last, the drawer pulls hardware. Bang!

Reglazing counter tops West Hollywood homes for sale

Conclusion

You don’t need major money to “scratch & dent” renovate and stage. This is the least expensive best bang for your buck strategy if you want to avoid heavy lifting while grabbing top market value.

At the end of the day, the property systems are expensive i.e. roof, plumbing, electrical, HVAC, foundation, sewer line… If you’re not touching any of these when you decide to sell follow these suggestions. Over inspect and over disclose. Read more about How to sell your house without paying for updates.

Not all stagers are created equal

The stager you work with matters. Hire a trusted designer to stage the house or condo. Some stagers go over the top “over stylizing” and smothering the house with plants. We aren’t trying to win any awards, even though our stager has won Best of Houzz 5 years and running! We certainly don’t want to turn buyers off. Less is more.

“It’s important the pieces are trending and telling a story, that’s it”, said Linda Graveline.

Glenn Shelhamer real estate broker Los Angeles

Expert Renovation Real Estate Advisor

Glenn Shelhamer is a nationally recognized Real Estate leader who has been helping people move in and out of the Los Angeles area for many years. He is also the team lead of The Shelhamer Real Estate Group. When Glenn’s not selling real estate he can be found spending time with his beautiful wife and two terrific kids.

Shelhamer Group real estate company

David Clark - 805.280.1425​

I’m David Clark, a Californian, real estate advisor REALTOR®, and writer for the Shelhamer Real Estate Group located in Northeast Los Angeles California, the fastest growing real estate market in Los Angeles County. Connect with me for further information about this article, and to add and optimize the value in your property. Look for me on Instagram: @sellingnortheastla

Shelhamer Group Logo Compressed

Mls Disclaimer:

Based on information from the / Association of REALTORS® (alternatively, from the /MLS) as of [date the AOR/MLS data was obtained]. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Contact

The Shelhamer Real Estate Group

361 N Avenue 57

Los Angeles, CA 90042-3403

 

Call: 310-913-9477

Quick Links

Stay Connected

Which Newsletter Insights Are You Most Interested In?(Required)
This field is for validation purposes and should be left unchanged.

THE SHELHAMER GROUP   |    DRE: 01950995

Glenn Shelhamer is a licensed real estate broker DRE: 01950995 in the state of California and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. To reach The Shelhamer Real Estate Group’s office manage please call (310) 913-9477.

©2019 Finance of America Mortgage LLC is licensed nationwide | Equal Housing Opportunity | NMLS ID #1071 (www.nmlsconsumeraccess.org) | 300 Welsh Road, Building 5, Horsham, PA 19044 | (800) 355-5626 | AZ Mortgage Banker License #0910184 | Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act | Georgia Residential Mortgage Licensee #15499 | Kansas Licensed Mortgage Company | Licensed by the N.J. Department of Banking and Insurance | Licensed Mortgage Banker — NYS Banking Department | Rhode Island Licensed Lender | Massachusetts Lender/Broker License MC1071. For licensing information go to: www.nmlsconsumeraccess.org. Questions, comments, concerns? Send to customerrelations@financeofamerica.com

This is not a commitment to lend. Prices, guidelines and minimum requirements are subject to change without notice. Some products may not be available in all states. Subject to review of credit and/or collateral; not all applicants will qualify for financing. It is important to make an informed decision when selecting and using a loan product; make sure to compare loan types when making a financing decision. Any materials were not provided by HUD or FHA. It has not been approved by FHA or any Government Agency. A preapproval is not a loan approval, rate lock, guarantee or commitment to lend. An underwriter must review and approve a complete loan application after you are preapproved in order to obtain financing.

Copyright © 2022 Shelhamer Group. All rights reserved.