Another New Construction Success Story
From close of escrow (COE) at purchase to COE at sale, it was 11 months to complete this project. I expected it to be no more than 9 however, I experienced a major delay in getting my custom windows (loss of 6 weeks) plus utility delays and a few minor weather delays (we don't get much of that here in sunny So CAL!).
Purchased for $738,000, the original 898 SF home was demolished excluding about 4 lineal feet of 1 wall and it became a new contemporary 2,290 SF custom home which sold with multiple offers all over ask price. List price was $1,469,000 and it sold in just a few days for $1,560,000. Funded in part with private money and the balance with investment partners, the project created profits in excess of $200,000. Needless to say, it was a successful endeavor - see some photos below:
After the original home was demolished -
After framing -
During Stucco -
And the finished product -