May 18, 2022

myhomefranchise

Making living better

‘Property Brothers’ renovation home sells fast for $730K

2 min read

A Georgia home renovated by the Property Brothers back in 2014 was on the market for barely a week before finding a buyer in record time.

Featured in the popular HGTV show’s sixth-season episode “Edith and Fred,” the house was first listed on Jan. 9. It went under contract on Jan. 16.

Located in the town of Conyers, 25 miles from Atlanta, the five-bedroom, five-bathroom home was briefly listed back in 2018 for $585,000 before the couple decided to take it off the market. This month the owners, Edith and Fred Wallace, finally decided to sell the house for the first time since the renovations by Jonathan and Drew Scott were completed.

Spanning over 5,900 square feet, the home opens with an 18-foot-long foyer with coffered ceilings and lighting, according to Realtor.com.

Features include an office, three fireplaces, an eat-in kitchen with stainless steel double ovens and two sinks.

The before and after pool.
The before and after of the pool.
HGTV/Scripps Networks, LLC
The guesthouse.
The guesthouse, before and after.
HGTV/Scripps Networks, LLC
A bedroom.
Before and after images of the bonus room.
HGTV/Scripps Networks, LLC

Situated on 1.68 acres, amenities include a fitness room and a pool.

The primary bedroom features a sitting area with a fireplace, and a bathroom with a jetted tub and a two-person shower. It also comes with dual closets and French doors that lead to the patio, the listing notes.

There is also a poolhouse that is equipped with a pool table, a second mini kitchen and a full bathroom.

When the lively couple had purchased the brick contemporary fixer-upper, it needed some major updates.

The home spans over 7,500 square feet.
The property spans just over 7,500 square feet.
Google
The foyer looking into the formal dining room.
The foyer looking into the formal dining room.
Realtor.com
The office with built-in book shelves.
The office with built-in bookshelves.
Realtor.com
The eat-in kitchen.
The eat-in kitchen.
Realtor.com
The kitchen is built with two marble columns and a separate breakfast area.
The kitchen is built with two marble columns and a separate breakfast area.
Realtor.com
A view from the second level looking down to arched rooms.
A view from the second level, looking down to arched rooms.
Realtor.com
The primary bedroom.
The primary bedroom.
Realtor.com
The primary bedroom.
The primary bedroom.
Realtor.com

At the time they purchased the home, it was on the market for $399,000, but was later negotiated down to $357,000 by Drew. The brothers poured an estimated $80,000 into a five-week remodel.

As the episode showed, the renovations mostly focused on the backyard pool and guesthouse.

Once the renovations were completed, Edith and Fred had spent $437,000 in total. They are now set for a sizable profit if the deal closes at the price they are asking.

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