French Chateau – Houston, TX
In an exclusive neighborhood near Champions Golf Course, a local Doctor spent years building a custom French Chateau totaling nearly 25,000 square feet. The home was a challenge to sell due to its unique size and stature. In addition, the home was located in a neighborhood with significantly smaller square footage homes. Facing a unique case, the Seller decided to bring in Premiere Estates Auction Company to market the property.
Premiere Estates implemented its Worldbid Auction platform and embarked upon a worldwide marketing campaign. Ultimately, a pre-auction offer was received and accepted at $3.5Million from a Buyer who wanted to use the property as an events chateau for weddings and other events. The close of the transaction happened in less than one day as all the funds and paperwork were brought in to the local title company for an instant recording.
A pre-auction offer was accepted at $3.5 Million. The sale was closed in three short hours.