The homeowners knew the home had more potential, but needed a clear plan to unlock it.
The renovation and sale of 1266 Hill Drive in Los Angeles, California was led by Revive Property Advisor Jameson Hanson and Compass agent Kenya Reeves-Costa. The homeowner, a senior navigating the loss of his wife, was preparing for an emotional move to Oakland to be closer to his children while also managing a home that had fallen into disrepair over the years.
To help create a smoother transition and maximize the value of the property before selling, Kenya and the Revive team developed a strategic renovation plan focused on restoring and modernizing the home. Revive fronted $147,825 in renovation costs, allowing the homeowner to move forward without additional financial strain. The improvements included updated flooring, kitchen and bathroom remodels, and lighting enhancements that helped breathe new life into the property while making it more appealing to today’s buyers.
The results speak for themselves.
The renovations significantly increased the home’s market value, helping raise the property from an original listing value of $900,000 to a final sale price of $1,215,000. The successful transformation generated a net profit of $167,175 for the homeowner and delivered a 113.09% return on investment. Kenya Reeves-Costa also saw a 35% increase in commission, while helping her client transition into his next chapter with greater financial security and peace of mind.
Home value increased by $315,000
$900,000
As-is price
Purchase price
$147,825
Renovations
$1,215,000
Sales price
Resale price
$167,175
Profit
For illustrative purposes only. Individual results may vary. Testimonials and case studies are not intended to guarantee the same or similar results.