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We know Austin, TX, is one of the country’s hottest real estate markets. We also know the impact of remodels featured on HGTV’s popular “Property Brothers.”
Join those two unstoppable forces together, and you’ll wind up with a home that sells more quickly than you can say “new listing.” The show’s stars, Jonathan and Drew Scott, completed a remarkable renovation of this midcentury modern way back in Season 4 of their long-running show.
After the home landed on the market a week ago, it took about a day for the current owners to accept an offer, which is likely to have been north of the $1.35 million list price.
If they managed to incite a bidding war and snag an offer over asking, it’ll be quite a sweet return on investment. The owners paid $347,500 for the place when they purchased it in 2011.
But when they bought it, the-two bedroom, 1,300-square-foot home was crumbling and full of dirt. It looked as if squatters had lived there. The upside?
It sat on a relatively large lot a
After Jonathan had put a ton of effort, expertise, and $80,000 into the remodel, a totally new dwelling emerged. With a lot of hard work, he salvaged the original hardwood floors and some of the original built-ins.
He completely refurbished the the home, from floor to ceiling. In his work, he took care to retain its mid-20th-century charm (it was built in 1951), while adding 21st-century functionality and style.
For example, the natural limestone fireplace, one of the home’s gorgeous original features, was preserved, polished, and repaired.
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A reclaimed-post oak accent wall was added, as were glass-paned front doors.
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But the renovated kitchen should be considered the home’s crowning glory.
Walls were removed to open the kitchen to the rest of the house. Custom cabinetry, white quartz countertops, and stainless-steel appliances were added. Jonathan was even able to squeeze in a separate beverage refrigerator.
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The kitchen is dominated by a massive, 5-foot-by-6-foot, steel-framed picture window, which looks out onto waves of purple wisteria in the spring and onto a 100-year-old elm tree.
Many of the home’s other windows were also enlarged and/or replaced.
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By adjusting the layout, an additional bedroom/office with a sliding barn door was added, so the reconfigured home now boasts three bedrooms and 1,750 square feet. One of the two bathrooms was completely modernized, and the other was fixed and repaired, leaving a nice contrast between the two: one modern and one vintage.
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Out back, a covered deck and flagstone patio were added, as well as a fire pit and seating area. Just a little trimming was required of the mature pecan trees that have been growing there for decades. A new wood fence with horizontal slats surrounds the perimeter.
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While these awe-inspiring renovations took place nearly a decade ago, the allure of a remodel by the Scott brothers clearly proved tempting to buyers. We’re sure to see more of their past works hit the market as the years roll by.
The post $1.35M Austin Home Renovated by the Property Brothers Sells in a Day appeared first on Real Estate News & Insights | realtor.com®.
source https://www.realtor.com/news/unique-homes/property-brothers-renovation-in-austin-sells-one-day/
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