Great Oaks Cove needed a full renovation to compete in the challenging Austin, TX housing market. With an average of 92 days on the market, REI Studio crafted a thoughtful design that would match the build of the home and drive top dollar in the market with as few days active as possible.
Case Study
Great Oaks Cove
Purchase Price: $304,000
Rehab Cost: $64,000
Sale Price: $455,000
Days on Market: 9
Area Avg D.O.M. 92
Design services for this project included:
- Full project interior design including lighting fixtures, plumbing fixtures, flooring, paint colors, millwork, countertops, cabinetry, vanities, hardware, etc.
- Full project exterior design including doors, garage door, paint colors, hardware, lighting fixtures, siding style, roofing style and color, etc.
- Sourcing over 250 material items and building a 12-page finish schedule to reflect all choices approved by the investor.
Total Design Cost: $2,500
Flat-rate Pricing
Results
Upon completion of this project utilizing all material selections sourced by REI Studio, this home received multiple offers in the first week of listing the property for sale and went under contract in just 9 days after listing.
- Beating the average days on market by 88% (68 Days)
- Achieving the highest price per square foot in the area by $6/sq.ft. (4% Higher)
- Buyer wanted to frame the “before” pictures to showcase how great the investor did with the project.
“Can you email me the “before” photos? The house looks so great, I want to show everyone the transformation.”
– End Buyer
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