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Follow on Google News | Ursini & Company Sells a Bradenton Home for $67,000 Over the Original Purchase PriceUrsini & Company creates a fix and flip profit for another Bradenton investor.
By: Ursini & Company - Keller Williams Realty Select 2903 59th Street Court E, Bradenton was a bank owned property which Gina brought to the attention of a local investor. The home was purchased July 30, 2014 for $63,000. After renovations were completed, the home was relisted by Ursini & Company and sold for $67,000 over the purchase price on February 18, 2015. This 998 square foot, 3 bedroom, 2 bath, single family home is located in the Lyonsdale subdivision in the Bradenton 34208 zip code. The median list price in the 34208 zip code is $178,280. The median days on the market is 108. Currently, there are 162 active listings in Bradenton 34208 with 9.9% of these distressed listings (short sales or foreclosures) The median household income for 34208 is $40,482 with 919 households earning between $35,000 - $40,000 annually. For the 34208 zip code, 9,9% of the people have completed a bachelor's degree as their highest level of education. 6.08% have completed an associate's degree and 17.33% of the people have had some college education. The median age for Bradenton 34208 zip code is 34 years old. 25% of the people in 34208 are married. There are a total of 12,318 homes in 34208 and 4,543 of these homes are families with children. If you are in the market for a good fixer upper, Gina recommends you work with a real estate agent that knows the area and its market values. A good real estate agent can help determine if the home is a good opportunity or one to walk away from. One of the biggest mistakes in renovating a fix and flip is not doing your research. You should identify the maximum value for the community, determine the renovation costs, and create a written scope of work outlining what the material costs will be. Never purchase a fixer upper prior to doing your research. Gina Ursini makes up one half of Ursini & Company. As a real estate professional with Keller Williams Realty Select, Gina specializes in help home buyers and investors find their diamond in the rough. She has the vision to reveal a homes true potential. Mark Ursini makes up the other half of Ursini & Company with over 30 years experience in custom home building and remodeling, His ability to provide estimated repair costs for fix and flips is a valuable part of Gina's business. In addition to Ursini & Company, Mark and Gina are both avid real estate investors, concentrating on fix and flips. Gina locates the properties while Mark manages the renovations. Helpful tips based on their fix and flip experiences can be seen at www.QuickFlipping101.com. End
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