The homeowners knew the home had more potential, but needed a clear plan to unlock it.
Sandy Gandolfo of BarbCo, with the help of Revive Property Advisor Jameson Hanson, managed the renovation and sale of a property at 200 Garden Ln, in Daly City, CA. Initially valued at $750,000, the property underwent a pretty large renovation with a budget of $254,455 fronted by Revive. These improvements, like the addition of a primary on-suite bathroom that took the property from a 3x1 to a 3x2 ultimately led to the much higher sales price of $1,300,000. The project not only yielded a profit of $295,545 for the seller, but also resulted in a 73.33% increase in commission for the agent and an ROI of 116.15%.
The results speak for themselves.
Home value increased by $550,000
$750,000
As-is price
Purchase price
$254,455
Renovations
$1,300,000
Sales price
Resale price
$295,545
Profit
For illustrative purposes only. Individual results may vary. Testimonials and case studies are not intended to guarantee the same or similar results.
