Tacoma is the hottest market in the nation right now, and this home is the perfect example. Just two days after it went live on the Northwest Multiple Listing Service (NWMLS) this rambler remodel went pending with multiple offers. Numbers are showing a rapid increase in buyers looking to Tacoma for relief from the high Seattle price points. This is also creating a great opportunity for investors to launch into a new market, with proven success at a first-time home buyer price point.
Thoughtfully remodeled, the classic rambler style is a popular layout for a wide range of buyers. This home has been updated with all new floors, and a neutral color scheme that allows buyers to envision themselves in the home. Heading into fall the fireplace adds an element of a cozy quaint feel, making the home feel warm and inviting to potential buyers. The living room leads to a back patio, the perfect layout for entertaining all of your friends!
Fully updated kitchen is essential for buyers. This kitchen has a slight twist on the traditional all-white kitchen style with a dark gray quartz accented counter-top that compliments the multi-tone gray-scale flooring pattern. Brand new fixtures and stainless steel appliances complete the overall look for an upgraded and timeless kitchen style.
A favorite staple of the rambler style, is the open flowing floor plan that maximizes square footage to make home feel much larger than it actually is. This is a three-bedroom one bathroom home, which means the bathroom needs to be spacious and functional as guest, family, and everyday bathroom for the entire home. Our investor on this property chose to put a lot of effort into making this bathroom check all the boxes for a potential buyer – which is a large factor in why this home went pending so quickly. Brand new floors tie together all new LED lighting, cabinets, fixtures, and a new counter top.
With just 1,104 square feet to work with, this home feels much larger with it’s open flowing layout, and three spacious bedrooms leading off of the main living spaces. The home has also been updated to stand the test of time, with an all new roof, windows, doors, and trim. Buyers at all price points are expecting renovated homes to be updated with new appliances, roofs, and windows for a more energy efficient home. Buyers are willing to pay a little more for these upgrades, knowing that it will save them money long-term keeping their homes insulated.
This home was a great option for our investor, they purchased the deal mid-June of 2019, rehabbed and flipped the house in three months. The rehab took into account what buyers are looking for, and expecting at a certain price point- a large factor in the multiple offers that led to a pending transaction in just 48 hours! Stay tuned in the next month while we wait for this listing to close, and we’ll break down the details on how our investor turned this run-down rambler into a smashing success!