$2,300,000

As-is price

$321,233

Renovations

$3,260,000

Sales price

$638,767

Profit

This is some text inside of a div block.

This is some text inside of a div block.

Scope of work

Flooring, baseboard & trim, bathroom remodel, interior & exterior painting, kitchen remodel & new appliance package, front yard fence, hardscape, new doors installation, and fireplace enhancement.

Before & After

Summary

At 12426 Woodside Dr in Saratoga, CA, Property Advisor Luke Gutierrez collaborated with agent Toni Ludwig of Compass to help the owners prepare their former home, now a rental property, for sale. Tired of the challenges of being landlords, the owners decided to sell the property to capitalize on the equity they had built. With tenants vacating in late November, the goal was to start renovations immediately after Thanksgiving and list the home by February 2024. The $321,233 renovation included extensive updates to bring the property to its full potential. New flooring, baseboards, and trim provided a fresh foundation throughout the home. The kitchen and bathrooms were remodeled with modern finishes and fixtures, complemented by a new appliance package in the kitchen. Interior and exterior painting brightened the property, while new doors and fireplace enhancements added stylish touches.

Outside, the front yard fence and hardscaping improvements boosted the home’s curb appeal, ensuring a strong first impression for prospective buyers. These targeted updates transformed the property into a market-ready listing that appealed to a broad range of buyers. The home sold for $3,260,000, delivering a $638,767 net profit for the owners and an impressive 199% return on investment. Toni also saw a 42% increase in commission. The project showcased the value of strategic renovations, allowing the owners to offload their investment property while maximizing its value in the competitive Saratoga market.