$650,000

As-is price

$201,490

Renovations

$1,000,000

Sales price

$148,510

Profit

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Scope of work

Flooring, baseboard & trim, interior & exterior painting, new windows & door installed, drywall installation, new ladder build to loft area, bathroom refresh, kitchen remodel and new appliances installed, and lightings.

Before & After

Summary

Agents MaryAnne Villamil and Giovani Franco, from Kinetic Real Estate, had a listing that had been inherited by homeowner Eddie and managed by his daughter Alyssa, and were tasked with the challenge of turning the dated property into a modern, market-ready home. Partnering with Revive Property Advisor Luke Gutierrez, they worked on a renovation plan that included upgrades to flooring, baseboards, and trims, a fresh coat of paint both inside and out, the installation of new windows and doors, along with a complete kitchen and bathroom refresh. In addition, they added a new ladder to the loft area and installed new appliances and lighting fixtures to enhance the property's appeal.

Despite some initial setbacks with disorganization from previous contractors, the dedication to quality and efficiency resulted in the property's sale price soaring to $1,000,000 from an as-is value of $650,000. The renovations totaled $201,490, all of which was fronted interest-free by Revive, costing the client $0 money out-of-pocket. These carefully thought out home improvements yielded the seller a profit of $148,510 and resulted in a 53.85% increase in commission for the agents involved, highlighting the power of smart renovations and the value of working with the right partners to get the job done.