Cameron Holland, Broker at Howell Holland Real Estate, is a young gun at just 29 years old. And yet, he’s got an eye for real estate and he knows what sells. That’s why friends and clients enlist his expertise to help them flip homes in the higher-end markets of Dallas. Holland just finished consulting on 5514 Monticello Avenue, which is now on the market for $498,000. This Greenland Hills Tudor is so fresh and so clean on the inside that you’d never guess the home was built in 1926. Read on for the skinny:
Address: 5514 Monticello Avenue
Subdivision: Greenland Hills (M Streets)
Price Range: $498,000 (high 400’s)
Amenities: Travertine entry way, stacked stone fireplace, original wood floors, hand embellished custom millwork and cabinetry, recessed lighting throughout, absolute black granite countertops, LG stainless steel appliances, separate study/nursery in master suite, restored 1930’s claw foot tub, glass shower wrapped in hand beveled travertine, covered rear porch
How long has this home been on the market? Any offers? 25 days and yes
Tell us a little background on this home: My clients purchased this 1,468-square-foot, two-bedroom, one-bath 1920s Greenland Hills Tudor as a short sale in December 2012. Once we closed I drew up the new floor plan and the fun really started. A few months later, 5514 Monticello Avenue was transformed into a three-bedroom, two-bath, 2,169-square-foot French Eclectic Tudor that infused the charm of 1920s Dallas with the best of today.
“Flipping with Training Wheels”: My good friends and clients asked me to help them start flipping houses in Dallas. We spent a month looking at all the great flip neighborhoods such as Devenonshire, Greenway Crest, Lakewood, and M Streets. We selected the Monticello house because it had great bones and oozed potential. I drew up the plans for the renovation along with some renderings. Then I took my clients to the design centers for inspiration and introduced them to my contractor. During the renovation process I would be out at the house about three or more times a week dealing with quick fixes and hurt feelings. The owners and their bulldog Lucy even stayed in my guest bedroom for a week because the contractors needed to shut the water off.
Did you stage it or do anything special? The house was staged by the owners, I helped move furniture around. We made many trips to Home Goods and furniture stores.
What are your best marketing tricks? Hiring a professional photographer. In this case, Stuart Sandlin at NREDS.com
Where are your clients moving? These clients have already purchased another project on Willis Avenue in Vickery Park.
If you had to do it all over again, what would you do differently? Tell my clients not to live in the house while they are renovating it.
Know someone with a great real estate story? Have them contact us at email@example.com.