$1,200,000

As-is price

Purchase price

$85,607

Renovations

$1,320,000

Sales price

Resale price

$34,393

Profit

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Scope of work

Flooring, interior & exterior painting, new doors installation, fireplace enhancement, bathrooms refresh ,kitchen refresh, and new kitchen countertops.

Before & After

Summary

Located at 3247 Cheshire Dr, San Jose, CA 95118, this property presented an exciting opportunity for both the homeowner and the real estate team involved. Property Advisor Jon Salas and Agent Kelly Ray, from Real Estate Experts, took charge of the project. The initial as-is value of the property was $1,200,000. The homeowner's primary concerns were centered around pricing and timing, desiring a swift and profitable sale. The challenge was met head-on, and the team efficiently completed the project within a mere 3 weeks. A total renovation investment of $85,607 was made to transform the property and maximize its potential. The careful enhancements and upgrades significantly contributed to the property's appeal. With the property's new and improved features, it was listed and sold at an impressive sales price of $1,320,000. This successful transaction resulted in a commendable profit of $34,393. Furthermore, due to the remarkable work done by the real estate team, the commission saw a 10.00% increase, and the overall return on investment (ROI) stood at an impressive 40.18%.