$880,000

As-is price

$48,600

Renovations

$981,000

Sales price

$52,400

Profit

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Scope of work

Flooring, baseboard & trim, interior painting, fireplace refresh, and kitchen refresh.

Before & After

Summary

The sale of 539 Gardenia Ave in Placentia, CA, highlights a recent collaboration between Revive Property Advisor Carey Merritt and agent Nelida Mora of Major League Properties. Nelida’s client, having moved to assisted living out of state, faced the challenge of selling a property while remote. Fortunately, under Nelida’s direction, she guided her client through the proper pre-sale renovations needed to help increase her property’s sale value from afar. Some of the home improvements included: flooring, interior painting, and a kitchen refresh, with an investment of $48,600 fronted interest-free by Revive. The property, initially valued at $880,000, ended up selling for $981,000. The sale resulted in a profit of $52,400 for Nelida’s client and yielded an ROI of 107.82%, resulting in an 11.48% increase in commission for Nelida.