$1,700,000
$1,700,000

As-is price

$105,792
$105,792

Renovations

$2,295,000
$2,295,000

Sales price

$489,209
$489,209

Profit

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This is some text inside of a div block.

Scope of work

Flooring, roof repair, interior painting, kitchen refresh, patio refresh, and exterior staircase repair.

Before & After's

Before
After
Before
After
Before
After
Before
18 Chenery St
After
18 Chenery St
Before
After
Before
After
Before
Before photo
After
After photo 1
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Before photo 2
After
After photo 2
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Before photo 3
After
After photo 3
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Before photo 4
After
After photo 4

Summary

Joel Luebkeman of Compass, partnered with Revive Property Advisor Andrew Howard, to help facilitate the trust sale of a vacant two-unit building at 18 Chenery St, in San Francisco, CA. Facing a tight timeline and with no funds available from the trustees for improvements, the property underwent a quick and effective renovation that included updates to the kitchen and bath, fresh paint, and staging, with a budget of $105,792 that was fronted by Revive. These improvements increased the property's value from an as-is price of $1,700,000 to a selling price of $2,295,000. The project culminated in a substantial profit of $489,209, a 35% increase in commission for the agent, and an ROI of 462.43%, showcasing the impact of targeted renovations on accelerating property value in a trust sale scenario.

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$1,700,000
$1,700,000

As-is price

$105,792
$105,792

Renovations

$2,295,000
$2,295,000

Sales price

$489,209
$489,209

Profit

This is some text inside of a div block.
This is some text inside of a div block.

Scope of work

Flooring, roof repair, interior painting, kitchen refresh, patio refresh, and exterior staircase repair.

Before & After's

2303 Ravine Ct
2303 Ravine Ct
Before
After
Before
After
Before
After
Before
18 Chenery St
After
18 Chenery St
Before
After
Before
After
Before
Before photo
After
After photo 1
Before
Before photo 2
After
After photo 2
Before
Before photo 3
After
After photo 3
Before
Before photo 4
After
After photo 4

Summary

Joel Luebkeman of Compass, partnered with Revive Property Advisor Andrew Howard, to help facilitate the trust sale of a vacant two-unit building at 18 Chenery St, in San Francisco, CA. Facing a tight timeline and with no funds available from the trustees for improvements, the property underwent a quick and effective renovation that included updates to the kitchen and bath, fresh paint, and staging, with a budget of $105,792 that was fronted by Revive. These improvements increased the property's value from an as-is price of $1,700,000 to a selling price of $2,295,000. The project culminated in a substantial profit of $489,209, a 35% increase in commission for the agent, and an ROI of 462.43%, showcasing the impact of targeted renovations on accelerating property value in a trust sale scenario.

Share this case study

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