We started last night’s episode of Property Brothers: Buying & Selling off with Drew and Jonathan Scott getting to Kim and Tim’s home. With their daughters getting older, they need more space so that they can have more privacy. The house they live in is very nice, but it isn’t big enough for them and it looks outdated regardless of the home only being 13 years old.
In order for Jonathan to get to work, Drew needs to find them their dream home. They want to sell their current home for around $500,000, but Drew tells them without these updates, they won’t get more than $400,000 for it. This is what the house looked like before Jonathan got to work on it!
Gallery: Before the Property Brothers: Buying & Selling Renovations
The house is very cluttered and it’s super dark because of the paint and the dark hardwood floors. There is also a second entrance to the house which leads to a room that was converted to a hair salon. This home is located in Nashville which is very artsy and modern, Jonathan has his work cut out for him too because Kim doesn’t want him to cut down the bushes that she has put up in the front of the house to keep out the commercial noise from the area. Jonathan hates the bushes because there is no curb appeal, but they are able to come to a compromise. She told him he can cut down the ones in the front of the house, but the ones on the front of the property have to stay.
When they talked numbers at the first house, Drew was wondering why they wanted to sell their current house for so much, but they only want to spend $400,000 for the new house. Kim explains to Drew that right now Tim is working three jobs and they would really like to pay off the current loan and buy the house outright to ease some of the burden on Tim. Drew instantly understand and hadn’t realized that Tim was working three jobs to make things work for their family.
The first house they looked at was out of their budget, but Drew thought that he would give it a try anyways and that’s when he realized that their budget was set for a good reason. The second house they saw was nice, but the third bedroom was actually a small apartment in the basement of the house and Kim didn’t like the idea of one of the girls having their own private entrance this young. The third house really seemed to meet their needs, but Kim really wanted to have a master bathroom. The master bedroom did have a good sizes living area off of it that could be converted.
In the end, they went with the third house, but they were really worried about whether Jonathan was able to update their original home enough to get the $500,000 they wanted. Want to see the updates that Jonathan did to the house to make it more modern and brighter? You’re going to be blown away! Here they are:
Gallery: After the Property Brothers: Buying & Selling Renovations
The hair salon was also transformed into a bedroom. After the renovations, Drew thinks that he can list their house at $500,000 and maybe get a little more for it. However, the offer that they put in for the house they wanted to buy was declined. It was listed at $375,000 and they offered $365,000, but the seller came back and counter offered with $370,000 and a 30 day closing. This still gives them enough money to do the updates to the new house. They are really excited about this and take the counter offer.
Drew has an open house at the original house and he got two some great offers. The first is for full list price, but asked for a two month possession time, Kim and Tim aren’t thrilled about having to wait two months. The second offer is for $520,000, $20,000 over asking, but they want to take possession of the house in 10 days. This seems like a no-brainer and it is, Kim and Tim take the offer of $520,000 with a 10 day possession period.
Can you believe the huge changes in the house? Let me know what you thought of last night’s episode of Property Brothers: Buying & Selling in the comments below!