San Nicolas
Agreed to As-is Value: $825,000
Renovation Cost: $290,000
Sale Price: $1,555,000
Net Increase in Value: $440,000
For every $1.00 spent on renovations, home value increased by $2.52
Homeowner Bonus: $220,000
Down to the foundation re-envisioning of a midcentury home in Ranch Palos Verdes. Amazing 200-degree ocean view. Great midcentury bones, but still very truncated and poor use of space, especially in the master bath which I completely redesigned. Repaired foundation, re-engineered structural in order to remove the wall between kitchen and dining room so now the kitchen can see that amazing view, converted the breakfast nook into a viable home office, new roof, new HVAC, mostly new windows, almost new everything and all new hardscape and landscape.
Renovation Cost: $290,000
Sale Price: $1,555,000
Net Increase in Value: $440,000
For every $1.00 spent on renovations, home value increased by $2.52
Homeowner Bonus: $220,000
Down to the foundation re-envisioning of a midcentury home in Ranch Palos Verdes. Amazing 200-degree ocean view. Great midcentury bones, but still very truncated and poor use of space, especially in the master bath which I completely redesigned. Repaired foundation, re-engineered structural in order to remove the wall between kitchen and dining room so now the kitchen can see that amazing view, converted the breakfast nook into a viable home office, new roof, new HVAC, mostly new windows, almost new everything and all new hardscape and landscape.
Project Year: 2013
Project Cost: $200,001 - $500,000
Country: United States
Zip Code: 90275
