As-is price
Renovations
Sales price
Profit
Scope of work
Flooring, baseboard & trim, exterior deck repair, doors & windows installation, interior painting, wallpaper removal, bathroom remodel, kitchen remodel & new appliances package, fireplace enhancement, and garage enhancement.
Before & After
Summary
Compass agent Dana Williams sellers were unsure whether to sell their property as-is or invest in a remodel, but they were clear about wanting to avoid delays and minimize stress. Dana thought a good solution to help his client’s avoid those two things was to partner with Revive. Dana and Revive Property Advisor Steven Feeko, worked together to develop a renovation plan that would maximize the home's value. With a budget of $214,168, all fronted interest-free by Revive, Revive’s team of contractors got to work on new flooring, updating the baseboards and trim, repairing the exterior deck, splashing on a new coat of interior paint, and installing new doors and windows. The team also tackled wallpaper removal, remodeled the bathrooms and kitchen (complete with a new appliances package), and enhanced the fireplace and garage. Dana's and Steven’s attention to detail and the team’s weekly progress updates helped keep the project on track, allowing the homeowners to focus on other matters.
The results paid off—with the property selling for $2,400,000, an astounding $1,100,000 over its as-is value of $1,100,000 and generated a jaw-dropping net profit of $885,832 for Dana’s clients, equating to a 414% return on investment. Dana's dedication to his clients' success not only delivered a stress-free selling experience but also increased his commission by 85%! This project highlighted the importance of having a supportive agent, the right team, and the right plan in place for renovations to achieve maximum value when selling your home.