$4,000,000

As-is price

Purchase price

$394,450

Renovations

$4,995,000

Sales price

Resale price

$600,550

Profit

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Scope of work

Flooring, baseboard & trim, interior painting, bathrooms enhancement, kitchen remodel, entry way - opening to living room, fireplaces refresh, new doors installation garage enhancements, and lightings.

Before & After

Summary

Realtors Clay Gjevre and Mary MacPherson took on the sale of a Victorian-style home in San Francisco, CA. Five siblings were left to manage their parent's estate, and they recognized it needed a lot of work to help make it modern and turnkey. Turning to Revive, the agents were able to help their clients by having the $394,450 worth of renovations needed fronted by Revive. Clay and Mary worked alongside Property Advisor Jameson Hanson, who worked with others on the Revive team to put together a design and renovation plan designed to make their clients top dollar. The budget included modernizing the kitchen and bathrooms, enhancing the entryway, and refreshing the fireplaces, alongside other improvements. The upgrades reserved the home's unique character but also elevated its market value, resulting in a $4,995,000 sale price. The project yielded $600,550 profit for the trust and boosted the agents' commission by 24.88%. The results were a big win for both parties involved.