The homeowners knew the home had more potential, but needed a clear plan to unlock it.
Joel Luebkeman of Compass partnered with Revive Property Advisor Andrew Howard to help facilitate the trust sale of a vacant two-unit building located at 18 Chenery Street in San Francisco, California. With a tight timeline and no available funds from the trustees to invest into renovations, the property needed a strategic solution that could quickly improve its condition and maximize its value before hitting the market.
To help unlock the property’s full potential, Revive fronted $105,792 in renovation costs and coordinated a focused transformation designed to increase buyer appeal in a short timeframe. The updates included kitchen and bathroom improvements, fresh paint throughout the property, and professional staging to create a more polished and move-in-ready presentation. Together, the team developed a renovation strategy rooted in efficiency, marketability, and return on investment while simplifying the process for the trustees during the sale.
The results speak for themselves.
The targeted renovations dramatically increased the property’s market value, helping the building sell for $2,295,000 compared to its original as-is value of $1,700,000. The successful transformation generated a substantial profit of $489,209, delivered an impressive 462.43% return on investment, and increased Joel Luebkeman’s commission by 35%. The project showcased how strategic pre-sale renovations can create exceptional financial outcomes, even under tight timelines and complex trust sale circumstances.
Home value increased by $595,000
$1,700,000
As-is price
Purchase price
$105,792
Renovations
$2,295,000
Sales price
Resale price
$489,209
Profit
For illustrative purposes only. Individual results may vary. Testimonials and case studies are not intended to guarantee the same or similar results.