$750,000

As-is price

Purchase price

$147,150

Renovations

$1,025,000

Sales price

Resale price

$127,850

Profit

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Scope of work

Flooring, windows replacement, interior & exterior painting, bathroom remodel, kitchen remodel - open concept, and lighting enhancements.

Before & After

Summary

Realtor Kim Lee of KW Advisors, along with Revive Property Advisor Steven Feeko, worked on a listing at 1620 Bay St. located in Alameda, CA. The property, initially valued at $750,000, underwent renovations totaling $147,150, all funded interest-free by Revive. The improvements, which included new flooring, window replacement, interior & exterior painting, a bathroom, and an open-concept kitchen, along with lighting enhancements, led to a sale price of $1,025,000, netting the seller a profit of $127,850. This result not only benefited the homeowner but also increased the agent's commission by 36.67%. A big win for Kim and her client.