Ciara and Russell Wilson have recently made a substantial profit from the sale of their Washington estate. According to a source familiar with the real estate deal, the power couple sold their 11,100-square-foot home for $21.25 million and an adjacent lot for nearly an additional $10 million, totaling a whopping $31 million for the entire estate. This is a significant increase from what Wilson originally paid for the property, showcasing a smart investment move on their part.
Russell Wilson, who spent 10 seasons playing for the Seattle Seahawks, was recently traded to the Denver Broncos in a deal worth over $242 million. Despite being cut from the Mile High City team, Wilson signed a one-year deal with the Pittsburg Steelers in March, showing his resilience and determination to continue his football career. These career changes have prompted the couple to make adjustments in their real estate holdings, including selling off their properties in Washington and Denver.
While Wilson took a loss on the sale of their $25 million mansion in Denver, he was able to make a substantial profit from the sale of their Washington estate. By investing in renovations and upgrades to the property, including a gym, home theater, yoga, and dance studio, Wilson was able to increase the value of the estate significantly. Additionally, adding a sports court on the lot further enhanced the property, making it an attractive option for potential buyers.
As Wilson and Ciara navigate through these real estate transactions, they also have to consider their family and future plans. The couple, who tied the knot in 2016, are parents to three children, including their youngest, a baby girl named Amora Princess Wilson, born in December. With Wilson’s recent move to Pittsburgh, it remains to be seen whether they will purchase a new home in the area to be closer to his home team.
Ultimately, Ciara and Russell Wilson’s real estate deals reflect their savvy financial decisions and adaptability in the face of career changes. By leveraging their investments and making strategic moves in the real estate market, they have been able to secure profitable returns while considering their family’s needs and future plans. As they continue to make waves in both the sports and entertainment industries, their success in real estate serves as a testament to their business acumen and ability to seize opportunities for growth and prosperity.