$1,700,000

As-is price

$255,527

Renovations

$2,708,000

Sales price

$752,473

Profit

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Scope of work

Flooring, deck repair & enhancement, roof replacement, interior painting, bathroom refresh, kitchen remodel, kitchen appliances package, lighting enhancement, and garage door replacement.

Before & After

Summary

At 1001 Grand St in Alameda, CA, Property Advisor Steven Feeko and agent Elan Chertock from Compass partnered together to help tackle a property in desperate need of care. The homeowners were preparing to move but faced the challenge of a home in disrepair, cluttered with years of accumulated belongings. They wanted a fresh start, and Steven and Elan knew that a strategic renovation would help them achieve just that. The home, valued as is for $1,700,000, underwent $255,527 in renovations focused on addressing both structural and aesthetic concerns. A complete roof replacement and new flooring throughout provided a solid foundation for the transformation. The team also repaired and enhanced the deck, giving the outdoor space a fresh look, while interior painting refreshed every room. A bathroom refresh and full kitchen remodel, complete with new appliances, modernized the interior. Lighting enhancements throughout the home brightened the spaces, and a new garage door added a touch of curb appeal.

When the project was complete, the home sold for $2,708,000, resulting in a massive net profit of $752,473 and a 294% return on investment. The commission increased by 59% for Elan, and thanks to Steven and Elan’s help, the sellers were able to leave behind a cluttered, neglected property and move on with a beautifully transformed home that stood out on the market.