$1,300,000

As-is price

Purchase price

$163,344

Renovations

$1,650,000

Sales price

Resale price

$186,656

Profit

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Scope of work

Flooring, new doors & window replacements, interior painting, baseboard & trim, bathroom remodel, kitchen remodel, and new kitchen appliances package.

Before & After

Summary

In Poway, CA, real estate agents George Fillippis and Serri Rowell, along with Revive Property Advisor Andrew Howard, teamed up to assist their clients in renovating a home built in 1985, aiming to modernize it for a top-dollar sale. Initially valued at $1,300,000 in its original condition, the team developed a renovation plan and invested $163,344—interest-free, funded by Revive—in updates. These enhancements included modern flooring, sleek door and window replacements, fresh interior paint, and updated baseboards and trims. They also completely overhauled the bathrooms and remodeled the kitchen with top-of-the-line appliances.

The clients had initially signed a contract with another General Contractor, but even after more than a month, no start date was provided, leaving them in a difficult situation. They then turned to Revive, which was able to start construction just 10 days later and successfully completed the project on schedule. These strategic upgrades revitalized the property, significantly increasing its market appeal and boosting its sale price to $1,650,000. This resulted in a profit of $186,656 for the homeowners and a 27% increase in commission for George and Serri. The project achieved an impressive return on investment (ROI) of 114%, demonstrating how well-planned renovations and professional real estate guidance can significantly enhance a property’s value and profitability.