$1,100,000

As-is price

$260,125

Renovations

$1,789,000

Sales price

$428,875

Profit

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Scope of work

Flooring, baseboard & trim, balcony resurfacing, bathroom remodel, kitchen remodel, kitchen appliances, exterior & interior painting, popcorn ceiling removal, fireplace refresh, and lighting enhancement.

Before & After

Summary

In Irvine, CA, real estate agent J. Michael Roberts from Wealth Resource Institute and Revive Property Advisor Danisa Peralta managed a profitable renovation for homeowner Kell H. As Kell planned to downsize for retirement, the team upgraded his inherited property to increase its market value. With a total investment of $260,125, fronted interest-free by Revive, they updated the home with modern flooring, new baseboards, trims, and a resurfaced balcony. The renovation also included a kitchen remodel with new appliances, a stylish bathroom makeover, removal of outdated popcorn ceilings, a refreshed fireplace, and new interior and exterior paint.

These upgrades boosted the property's value from $1,100,000 to $1,789,000, netting Kell a profit of $428,875. This financial gain facilitated his move to the desert and increased his agent’s commission by 63%, achieving a project ROI of 165%. A big win for J. Michael and his client.