$2,700,000

As-is price

Purchase price

$176,220

Renovations

$3,030,000

Sales price

Resale price

$153,780

Profit

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Scope of work

Flooring, baseboard & trim, bathrooms remodel, kitchen refresh, interior painting, kitchen backsplash installation, built-in enhancement, fireplace enhancement, and lighting enhancement.

Before & After

Summary

At 3 Ashdown Pl, in Half Moon Bay, CA, Compass agent Mary Beth Alexander, teamed up with Revive Property Advisor Steven Feeko, to bring some modern style to her dated listing. Initially valued at $2,700,000, the home underwent a $176,220 renovation, fronted interest-free by Revive, which included updates to flooring, baseboards and trim, bathroom remodels, a kitchen refresh, interior painting, kitchen backsplash installation, built-in enhancements, fireplace enhancement, and lighting upgrades. These improvements helped the home sell for $3,030,000, resulting in a net profit of $153,780 for the seller and an ROI of 87%. The homeowner, pressed for time, benefited from Mary Beth's trust in Revive’s ‘Renovate to Sell’ program and ended up selling for $300,000 more than had she sold as-is. This collaboration not only increased Mary Beth's commission by 12% but also demonstrated how the right renovations can boost property value and expedite the selling process.