$900,000

As-is price

Purchase price

$296,472

Renovations

$1,380,000

Sales price

Resale price

$183,528

Profit

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Scope of work

Flooring, interior & exterior painting, bathroom remodel, kitchen remodel, curb appeal, doors & windows replacements, and lighting enhancements.

Before & After

Summary

Allison Gelbrich of Dreamscape Real Estate was tasked with a property inherited by siblings facing the challenge of managing their elderly parent's transition to a smaller home. Allison knew her client’s home needed renovations, so she reached out to Revive and partnered with Property Advisor Luke Gutierrez. Working as a team, Luke and Allison took a good look at the home and came up with a renovation plan that would help increase buyer appeal. With a renovation budget of $296,472, the team’s contractors upgraded the flooring, painting, kitchens, bathrooms, and more, modernizing the home inside and out. The money put into renovations, covered in full by Revive, took the property's value from $900,000 to a $1,380,000 sale price, netting a $183,528 profit for the family. The project helped ease the financial strain on the family by avoiding pulling renovation costs from their own pockets and helped Allison boost her commission by 53.33%, a success for both the seller and her client.