Thursday, May 14, 2015

Venice FL Real Estate Investing Tips

I toured a Venice FL home for sale this week with a buyer looking for a retirement residence.  One of the homes in the buyer's list was a renovated home in the Venice East neighborhood.

Home for sale in Venice East neighborhood

This home was exceptionally well renovated.  Every major system appeared to be touched by an update: roof, windows, kitchen, flooring, HVAC, and electric.  You could have eaten off the garage floor.

Renovated kitchen in Venice East neighborhood


As the title of this post suggests, a successful renovation has to have more to attract a buyer and maximize the sales price.  This home had 2 fatal flaws:
  1. Lack of a master suite;
  2. A very narrow back yard, with no exterior entertaining space provided, not even a patio or a deck for a grill.

If you are looking for investment property in the Venice, FL area, it takes more than just getting a "good deal".  Please contact me to schedule a tour of available homes for sale.

1 comment: