Monday, July 27, 2015

How much did that house sell for & which sold for the largest margin?

The property selling for the largest margin of asking price to sales price this week was 6097 Colton in Montclair, selling for 47% over asking. An interesting bit of history on this property is that it sold last in 2008 for $890k in a very different market. It was back on the market in 2011 for $845,000, but didn't sell. I can't say exactly when it was updated, but you can see the difference in the kitchen from 2008 to today in the pictures below. It doesn't take a lot of money for a tremendous return on the investment when it comes to home updates.





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