The surprise news of late 2021 and early 2022 is that Portland’s fixer audience is indeed alive and well.
One of the dominant messages of the real estate market for the last few years has been that most Buyers are hesitant to take on properties that need work. So when we listed this lovely but “untouched” home for sale in December, we were expecting a somewhat limited audience.
13 offers and $75,000 over asking later, we are here to tell you that the holy trinity of real estate: “Location, location, location” still has the power to encourage Buyer HouseLove for just about anything as long as the location is strong!
In this case, there truly is a lot to love about this charming Laurelhurst Bungalow. So it hadn’t really been updated since 1968 but the Sellers put a new roof on prior to listing the property to help protect the home during our wet winter season, and get us through an appraisal. The floor plan lends itself perfectly to expansion and/or improvement, and you just can’t go wrong with the high-quality ‘bones’ you get with this charming bungalow.
And the gorgeous block – considered by many to be one of the best in the neighborhood, really was the star of our show.
As realtors, there’s something so deeply satisfying about helping a beloved neighborhood home, that’s had a full and wonderful life, transition to its next owners. We know that exciting and wonderful things are in store for 822 NE Hazelfern Pl.
- Listed: $525,000
- Sold: $600,000
- 13 Offers
- 4 Days on Market
If you have a Portland Fixer to sell we would be honored to help you! Feel free to call, text or email.
Kari & Erika