The faded pink Victorian at 2111 Broderick Street first came on the market back in March 2013 and took more than a year to sell. By the time it finally found a buyer in August, the price had dropped from more than $3 million down to $2.6 million. The home's new owners wasted no time spiffing it up and putting it right back on the market for $4.49 million, a breathtaking $1.89 million jump in just two and a half months. The house was once divided into three units and was most recently split up into a main residence and an accompanying legal one-bedroom apartment, but now all of that space has been pulled together into one four-bedroom, four-bathroom home.
The pink exterior has been repainted a tidy white with blue trim, while former interior choices like a ceiling painted with stars and lots of patterned carpeting are all gone. Details like the balustrade staircase and carved moldings have been preserved, while the gourmet kitchen and perfectly landscaped backyard are brand new. The space flows nicely, but unlike most flips, walls haven't been torn out to create an open plan. There's no question that flippers have improved this Victorian, but are those improvements really worth $1.89 million?