$770,000

As-is price

Purchase price

$26,901

Renovations

$829,000

Sales price

Resale price

$32,099

Profit

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Scope of work

Flooring, baseboard & trim, bathroom remodel, window replacement, kitchen remodel & appliance package, exterior deck repair, doors installation, interior painting, wallpaper removal, fireplace enhancement, and garage enhancement.

Before & After

Summary

Welcome to 1827 Pleasantdale Dr in Encinitas, CA. Agent Jaime Costa of Compass was faced with a high-stakes real estate challenge. His seller was in distress and on the brink of foreclosure, so he knew he had to act fast. Partnering with Property Advisor Steven Feeko, Jaime helped his client come up with a guided renovation and design plan to help his home sell for top dollar. With a modest investment of $26,901, which was fronted by Revive, the team implemented strategic upgrades that included modern flooring, kitchen enhancements, and staging.

The modifications increased the property's market value from $770,000 to $829,000, rescuing the property from foreclosure, and generating a profit of $32,099 for the homeowner, while at the same time elevating Jaime’s commission by 8%. The project achieved an ROI of 119% and shown as a testament to how even in the most challenging situations, having the right partner and plan can turn adversity into opportunity, and result in big wins for both homeowners and agents.