As-is price
Renovations
Sales price
Profit
Scope of work
Flooring, baseboard & trim, interior & exterior painting, new windows & doors installation, wallpaper removal, fireplace enhancement, wet bar enhancement, laundry room enhancement, dining room enhancement - open concept, bathroom remodel, kitchen remodel & new appliances installation, and lighting enhancement
Before & After
Summary
At 2181 Bayhill Ct in Half Moon Bay, CA, Property Advisor Jon Salas and agent Nate Serdy from Compass transformed what could have been an easy as-is sale into a highly profitable renovation. The homeowner, a close friend of Nate's, initially considered selling the property without any updates, as tenants were occupying it until the end of January. However, after Nate explained the potential profit from a strategic renovation, the seller became excited about the possibilities and decided to move forward with the project.
The home, valued as-is for $2,000,000, underwent a $492,471 renovation, fronted in full by Revive, focused on increasing its market appeal. The updates included new flooring, baseboards, and trim to give the home a modern, refreshed look. Both the interior and exterior were repainted, and new windows and doors were installed to enhance the overall aesthetic. The team also removed outdated wallpaper, upgraded the fireplace and wet bar, and modernized the laundry room and dining room with an open-concept design. The kitchen and bathrooms were fully remodeled, complete with new appliances, while lighting enhancements throughout added warmth and sophistication. The investment delivered impressive results, with the home selling for $2,850,000, generating a $357,529 net profit for the seller and a 73% return on investment. Nate also enjoyed a 43% boost in commission, a nice bonus to an already rewarding project. With Nate’s expertise and the team’s carefully executed renovations, what could have been a straightforward sale became a remarkable success, proving how a thoughtful strategy can truly elevate a property’s potential.