The homeowners knew the home had more potential, but needed a clear plan to unlock it.
The sale of 20668 Sevilla Lane in Saratoga, CA, was the result of the collaboration between Revive Property Advisor Jon Salas and agent Lara Carlson of Compass, whose sellers were looking to downsize. As empty nesters, the homeowners sought to maximize the value of their property with strategic renovations. With an investment of $125,430 that was fronted by Revive, the team focused on key upgrades that included new flooring, popcorn ceiling removal, interior and exterior painting, kitchen refresh, and lighting enhancement. These improvements were essential in modernizing the home and enhancing its appeal in a competitive market. Originally valued at $4,000,000, the property's sale price reached $4,210,000. This approach resulted in a profit of $84,570 for the sellers and an ROI of 67.42%, along with a 5.25% increase in commission for Lara.
The results speak for themselves.
Home value increased by $210,000
4,000,000
As-is price
Purchase price
$125,430
Renovations
$4,210,000
Sales price
Resale price
$84,570
Profit
For illustrative purposes only. Individual results may vary. Testimonials and case studies are not intended to guarantee the same or similar results.