2021 was not an easy year to be a developer. Material and labor shortages, COVID-19, and an understaffed city development and building division created the perfect storm. Even with the odds against us, Village Walk is officially SOLD with 8 extremely happy homeowners. As a New Construction Realtor, the fundamentals are the same – ensure your developer maximizes profit. However, the approach is a bit different.
SMALL CHANGES THAT MAKE A HUGE DIFFERENCE
Upon review of the plans with the developer we made a few critical changes that made a huge impact and transformed these would-be residential masterpieces into nothing short of luxury units in the heart of Carlsbad. Adjustments ranging from chandeliers in the entryways, replacing stairway walls with railings, and modernizing the kitchen with a vent hood rather than a vented microwave allowed us to move the development in the direction of what buyers in the area are demanding. Because of these small changes we were able to maximize the profit potential for each unit.
WORKING WITH A NEW DEVELOPMENT REAL ESTATE AGENT
The developer worked with us every step of the way, and coupled with our top-notch marketing and sales strategies, precise expertise in new development, and local area knowledge, we were able to pre-sell all 8 units. Having a new construction sales specialist by your side to guide you through each stage of the development process is crucial. Each unit sold for an average of $1.6M with $12M in total sales volume. We couldn’t be happier to help our developer, and friend, overcome each obstacle that stood in his way. Most would agree that development is no easy undertaking, there are many variables, and even more unknowns. Put True Local Realty on your team and let us navigate these with you.
If you ever have any questions at all… please reach out to us!
- If you are thinking about buying or selling we would love to help!
- Visit us at TrueLocalRealty.com
- Or give us a call at 888-503-3117
We have Top Realtors in: Oceanside, Carlsbad, Encinitas, La Jolla, Pacific Beach, Ocean Beach, Cardiff, San Diego, Vista, San Marcos, Escondido and more.