The reSolve Group + Compass Concierge
Transforming 124 Ferne Avenue, Palo Alto
We were contacted by the seller who had resided in the property for nearly two decades. His equity in the home represented his retirement, and selling for the highest possible price was crucial. The home was in original condition and had significant deferred maintenance.
Our team recognized the opportunity to transform the space, and as fiduciaries to the seller, we put in place a cost-effective remodel plan that would result in a substantially higher sales price. Utilizing Compass Concierge, we were able to cover the costs of the improvements to the home without any upfront costs to the seller. Leveraging the skills of our team, The reSolve Group managed the whole transformation process, start-to-finish, in under four months.
We started out by transforming the kitchen, as we know modern buyers want a more open and fluid kitchen and dining space. Our designer added a large island for extra seating, storage, and additional counter space. We added an in-unit washer and dryer, remodeled both bathrooms, added new flooring, and installed a new heating and cooling system. The original sliding glass doors were replaced with new double-paned sliders. Our landscaper redesigned the front yard to make it more welcoming and the rear yard to offer the new homeowner a beautiful setting to rest and relax.
The home was initially valued at $1,000,000. We spent approximately $130,000 toward the improvements to the home and we listed the property for $1,200,000. In less than two weeks, we sold the property for $1,618,000 with nine (9) offers. We set the record for the highest sales price in that community of homes.
Work With The reSolve Group
The reSolve Group transformed this home into a space with mid-century charm that has all the modern conveniences. Please contact us at 650.336.850 or to learn more about our services, offerings and how we may be able to help you achieve the highest possible price for your home.
Before & After Video