Drew and Larissa Ezzy recently made the decision to wait until spring to put their new Virginia home on the market, and this strategy has paid off tremendously. In just 12 hours, the couple managed to sell the property for a record-breaking price of $2.45 million.
Originally, the Ezzys had planned to list their five-bedroom, three-bathroom house in the spring, recognizing it as the opportune time for a successful launch. However, they were pleasantly surprised by how quickly it sold, as the property was purchased even before the first open house took place.
After purchasing the original house for $1.05 million in 2021, the couple embarked on a significant reconstruction to transform the property into an attractive and desirable residence. Their efforts paid off when a local buyer quickly made a cash offer with no conditions, leading to a swift purchase.
Real estate agent Tyson Clarke of Queensland Sotheby’s International Realty expressed his astonishment at the speed of the sale, stating that the property was listed online on a Wednesday afternoon and sold before noon the next day. He also revealed that a potential buyer from Canberra had planned to fly in to secure the property but missed the opportunity due to the quick sale.
This successful sale aligns with recent PropTrack figures, which indicate a decrease of over 10 percent in new listings in Brisbane compared to the same period last year. This shortage of properties for sale has intensified the competition among buyers in the area.
The Ezzys’ Virginia housing project was initially considered as a potential permanent residence. However, Mr. Ezzy explained that although the house had a very pleasant and livable aesthetic, he did not want to continue working until retirement age.
The couple’s positive experience has led them to decide on their next project in Virginia, as they recognize the potential and value associated with properties in this area.
Sources:
– News Corp Australia Network