$2,500,000

As-is price

$156,590

Renovations

$3,005,000

Sales price

$348,410

Profit

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Scope of work

Flooring, baseboards, interior & exterior painting, bathroom refresh, new doors installation, kitchen refresh, garage refresh, lighting enhancements, and softscaping.

Before & After

Summary

Lin-Lin Tsou-Otani and Doug Miyaki from Real Estate Experts recently completed a renovation project at 1027 S Blaney Ave in San Jose, CA. The property belonged to clients who were eager to relocate closer to their newly arrived grandchild. To prepare the house for the market and ensure it appealed to potential buyers as a move-in-ready option, they partnered with Revive to bring the house to life. Co-managed by Revive Property Advisor Jon Salas, Lin-Lin and Doug were guided through which improvements would help their client make the most from the sale of their home.

Originally valued at $2,500,000, the house underwent renovations worth $156,590, funded interest-free by Revive. Some of the upgrades included new flooring, baseboards, a fresh coat of paint both inside and outside, updates to the bathrooms, installation of new doors, a kitchen makeover, revamping the garage, improved lighting, and softscaping. The home was transformed and took the initial as-is valuation of $2,500,000 to sell for an impressive $3,005,000. This sale resulted in a profit of $348,410 for the sellers and a 20.20% increase in commission for agents Lin-Lin and Doug. Highlighting the effectiveness of a well-planned go-to-market strategy, the project achieved a return on investment of 222.50%.