How 23 Ardith Ln created $200,944 in additional profit
Targeted updates designed to maximize value
Flooring, exterior & interior painting, leak repair, and bathroom remodel.
Before Revive
The homeowners knew the home had more potential, but needed a clear plan to unlock it.
Property Advisor Steven Feeko worked with Celeste Pacelli of Compass to create a renovation plan to help rejuvenate a property that had been rented out for the past nine years and owned by the homeowner for 40 years. With an initial valuation of $2,300,000, the team focused on value-adding enhancements that included updating the flooring, both exterior and interior painting, repairing leaks, and remodeling the bathrooms, totaling $136,556 in renovations, all of which was covered interest-free by Revive.
The results speak for themselves.
These updates not only modernized the property but also increased its sale price to $2,637,500, greatly exceeding the seller’s hopeful target and securing a profit of $200,944. This successful partnership resulted in a 14.67% increase in commission for Celeste Pacelli, marking her first step into leveraging specialized renovation services for a listing.
Home value increased by $337,500
$2,300,000
As-is price
Purchase price
$136,556
Renovations
$2,637,500
Sales price
Resale price
$200,944
Profit
For illustrative purposes only. Individual results may vary. Testimonials and case studies are not intended to guarantee the same or similar results.
