Well, another three or four self-imposed deadlines have passed for GC at the Wilmington project. Now he says Tuesday... Which week?
The new local painter I hired to re-paint the outside areas that the original nightmare painter did the wrong color, caused some unrest at the site yesterday inflaming the next-door neighbor who had contracted him to paint her porch to match ours as well as the GC who he was pestering.... But when I arrived today he had done a pretty good job.
First pass for the Realtor on Friday blew him away. He couldn't stop raving about what we did to this house and said he found himself muttering the whole time he was there in astonishment. He was so blown away he considered the comps he had brought to not be valid. But today when we got together at the house he disappointed me with his number. My partner and I agreed to go higher than the Realtor is recommending and give it a week to ten days to see what the response is. While the first week of a listing is critical, and it's usually a mistake to price a house based on what you spent, this is clearly the nicest house around the area now and should command a premium, but it could be a risky experiment...
The house is still at least a couple days away from being wrapped up and is once again pretty dirty after already having been cleaned twice in the last couple weeks...
Stay tuned as we finally head for home on this project.
Sunday, April 27, 2008
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