Sell 360
Renovate to Sell

San Francisco

California
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What
was done?

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

$1,700,000

As-is-price

$2,295,000

Sale price

$105,792

Renovations

$489,209

Profit

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.

Joel Luebkeman
Real estate agent

San Francisco

California
Prepare to buy
Learn more

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.

Joel Luebkeman
Real estate agent

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