Selling condos on the Main Line has been challenging in recent years, especially when the property needs work.
At 101 Cheswold, a well-maintained building with discerning buyers, I faced a partially completed renovation that complicated both valuation and marketing.
Rather than listing immediately, I recommended completing the electrical, plumbing, woodwork, painting, cleaning, and staging before going to market.
After a month of coordinated improvements, the condo was transformed and showcased its full potential.
The Coming Soon listing generated immediate interest, busy showings, and packed open houses.
Within 7 days, an offer arrived, and after brief negotiations, the property went under contract at just 14 days on market—while comparable units were averaging over 3 months, with one similar listing taking more than 200 days!
Key Points:
- Partially renovated condo required strategic completion before listing
- Pre-listing improvements included electrical, plumbing, woodwork, painting, cleaning, and staging
- Under contract in 14 days vs. 3+ month market average
- One comparable unit took over 200 days to sell
The investment in preparation paid off dramatically. By taking time to position the property correctly, the seller achieved maximum value and a remarkably fast sale in a difficult market!