CASE STUDY - 1BR KITS CONDO
This client had purchased his home 4 years prior. The home was in an excellent location, in the heart of Kitsilano, within walking distance to the beach and West 4th. The market conditions were favourable to sellers, Spring 2022. Sellers often want to know if it is worth doing improvements prior to selling - especially in hot markets - and each home has a unique set of circumstances. In this case, Gavin felt that new paint, staging and some kitchen updates would not only increase interest, but achieve a higher price. This property sold in 1 week, with 12 offers and 43 showings. It sold 12% above asking and 21.7% higher than the seller's purchase price. The improvement costs were under $4,000 and this provided a ready to move-in condo for the successful buyer.