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August 2018 Featured Flip

This single-family Cape Cod in New York underwent a full renovation and came out with spectacular results.

With a blend of period details and modern amenities, this fix-and-flip project is helping to increase property values in its Poughkeepsie neighborhood. We’re thrilled to report that our borrower sold the home above asking price right after listing. 

The slideshow above reveals the fix-and-flip’s 1,474 square feet of upgrades and refurbishing. Recessed lighting throughout the home accents its spacious floor plan and hardwood floors. In the kitchen, tasteful updates give the space a fresh look and feel, including all new appliances, subway tile backsplash and quartz countertops. All three bedrooms and two baths received new paint, energy efficient windows, and light fixtures. With a newly renovated exterior featuring an expansive deck overlooking a large backyard with pool, this single-family home is perfect for everything from entertaining guests to family downtime.

In an interview, the borrower stated, “People around the area were discouraging and did not see the value in the market, but I knew people pay for value and want a great property. I don’t have to go overboard and fill the house with granite and marble, but there is a certain quality that buyers are still looking for, which is why the property sold right away above asking!”

We are proud to work with talented customers who truly rebuild local communities and add value to real estate markets. Seeing our customers create real change and social value through hard work and redevelopment is one of the most rewarding parts of what we do.

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Featured Flip August 2018