How 2209 N Valley Dr created $479,035 in additional profit
Targeted updates designed to maximize value
New flooring, landscaping, interior & exterior painting, baseboard & trim, door enhancement, bathrooms enhancement, kitchen refresh, lightings, and landscaping.
Before Revive
The homeowners knew the home had more potential, but needed a clear plan to unlock it.
This 4bd/2.5ba rental in Manhattan Beach was getting ready to hit the market, but it had been 15 years since any renovation work had been done on the kitchen, and even longer for the bathrooms in the house. Realtor Colleen Hartley knew her clients could increase the value of their property if they put some money into renovations. With Revive as her partner, Colleen was able to get her clients the money they needed to make the upgrades and it cost them nothing out-of-pocket, plus they were given a custom plan and design that was rooted in ROI, and Revive handled the communication between Colleen, her clients, and the contractor. The home’s value increased by $675,000 and the money that was fronted for renovations was paid back out of escrow. Colleen’s clients increased their ROI by 244.45% and maximized their rental’s equity.
The results speak for themselves.
Home value increased by $675,000
$2,800,000
As-is price
Purchase price
$195,965
Renovations
$3,475,000
Sales price
Resale price
$479,035
Profit
For illustrative purposes only. Individual results may vary. Testimonials and case studies are not intended to guarantee the same or similar results.