$575,000

As-is price

$210,593

Renovations

$880,000

Sales price

$94,407

Profit

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Scope of work

New flooring, baseboard & trim, new door & windows installation, interior & exterior painting, bathroom refresh, kitchen remodel, open concept - demo wall, lightings, fence enhancement, and softscaping.

Before & After

Summary

Gilbert Perez, a seasoned agent with over 20 years at Realty Pro 100, recently teamed up with property advisor Steven Feeko to revamp a sentimental family home at 551 S Concord Pl, Anaheim. The executor, Raymond Moreno, was less interested in profit and more in restoring the home to its former glory where his parents had lived since 1963. After a light renovation investment of $210,593, the property, originally valued at $575,000, was transformed, ready to house new memories. The home sold for $880,000, netting a healthy profit of $94,407, a 44.83% return on investment, and a 53.04% increase in commission. This successful collaboration, sparked by a brokerage connection, not only boosted the home's monetary value but also fulfilled Raymond's wish to see the house cherished once more.