The Roanoker - September/October 2020 - 70
THE
HOMES
ISSUE
The Mount Vernon home is the ninth that Kimberly
and her husband Phillip Payne - both real estate
agents for MKB Realtors - have renovated in the last
four years. All but one resides in the Greater Raleigh
Court neighborhood. Meaning that the Paynes have,
quietly, one house after another, contributed to the
renovation of the neighborhood itself.
From the front steps of their Sherwood Avenue
two-story, the couple can point a few blocks in any
direction and recall a home they've rehabbed.
Kimberly ticks them off on her fingers: There was
Wakefield Road, Arlington, Warrington, Lincoln,
Greenwood, Wasena, Oregon and now, Mount Vernon.
"We're taking a
product that is
50 to 75 years
old and getting it
ready for the next
50 to 75 years"
-Phillip Payne
A realtor renovating and reselling homes -
popularly known as "flipping" - is not uncommon.
Nor is it universally embraced. To make the bottom
line work, shortcuts are sometimes taken, problems
can be papered over.
But the Paynes pride themselves in a different kind
of renovation - one that prizes quality over quantity.
After decades of home selling and historic renovation,
after living in the Roanoke Valley for most of both of
their lives, and after owning their own Raleigh Court
residence for nearly 20 years, the Paynes see their
house flipping as an investment in their community
as much as a source of income.
It's a distinction their neighbors have noticed. The
Paynes acquired the Mount Vernon property after
Mount Vernon home owners encouraged the property's
owners to contact the Paynes.
"We're deeply rooted in this neighborhood," Phillip
says. "So what money we put into a property, we get it
back with meeting new neighbors, making new friends,
being able to walk around on any given day and say:
'Remember when we did that one?' It's a lovely, lovely
way of doing things."
BOB SOWDER
Continue reading for a photo tour of our
cover home.
70
SEPTEMBER/OCTOBER 2020
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The Roanoker - September/October 2020
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