$550,000

As-is price

$131,991

Renovations

$895,000

Sales price

$213,009

Profit

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Scope of work

Flooring, door enhancement, interior painting, lighting enhancements, bathroom remodel, kitchen refresh, and fireplace enhancement.

Before & After

Summary

Jeremy Morgan of Keller Williams Central was faced with a challenging property in Plano, TX. The home had been cherished for its owners for the past 24 years by its owners, but it was plagued with structural issues. Jeremy knew the home needed some upgrades before it was presentable for the market. Partnering with Revive, Jeremy worked with Property Advisor Jon Salas to help determine which areas needed to undergo renovations to help sell for top dollar. After putting together a plan, Revive invested $131,991 and focused on key areas, including flooring, doors, painting, lighting, and updates to the kitchen, bathrooms, and fireplace. These enhancements not only addressed the home's structural concerns but also improved its overall appeal, leading to a sales price of $895,000. The project resulted in a profit of $213,009 for the sellers and increased Jeremy’s commission by 62.73%. This project yielded a 161.38% ROI and showcased the potential that can be found within dated homes, even the ones that may initially seem challenging due to underlying issues.