The homeowners knew the home had more potential, but needed a clear plan to unlock it.
Lucas Gelb and Justin Borges of Keller Williams Downtown LA partnered with Revive Property Advisor Danisa Peralta to help transform a challenging listing into a modern, move-in-ready home. The homeowner, preparing for a fresh start in Florida after the passing of his wife, wanted to sell the property without sacrificing the equity he had built over the years.
To help maximize the home’s value and create a smoother transition, Lucas, Justin, and Danisa developed a renovation strategy focused on the updates that would have the greatest impact on buyer appeal. Revive fronted $268,865 in renovation costs, allowing the homeowner to move forward without additional financial strain. The transformation included new flooring and updates to the kitchen and bathroom, turning the dated property into a more polished and market-ready home designed to attract stronger buyer interest.
The results speak for themselves.
The renovations significantly elevated the property’s value, increasing the home’s sales price from an original as-is estimate of $900,000 to a final sale price of $1,310,000. The successful transformation generated $141,135 in profit for the homeowner and helped support his move to Florida with greater financial peace of mind. The project also increased Lucas Gelb and Justin Borges’ commission by 45.56% and delivered a 52.49% return on investment, creating a meaningful win for everyone involved.
Home value increased by $410,000
$900,000
As-is price
Purchase price
$268,865
Renovations
$1,310,000
Sales price
Resale price
$141,135
Profit
For illustrative purposes only. Individual results may vary. Testimonials and case studies are not intended to guarantee the same or similar results.