$1,500,000
$1,500,000

As-is price

Purchase price

$255,141
$255,141

Renovations

$2,045,000
$2,045,000

Sales price

Resale price

$289,859
$289,859

Profit

**For illustrative purposes only. Individual results may vary. Testimonials and case studies are not intended to guarantee the same or similar results.
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Scope of work

New flooring, exterior & interior painting, baseboard & trim, bathroom remodel, kitchen remodel, curb appeal & wood repair, lightings and landscaping.

Before & After

3465 Rio Rd
3465 Rio Rd
3465 Rio Rd
3465 Rio Rd
3465 Rio Rd
3465 Rio Rd
3465 Rio Rd
3465 Rio Rd
3465 Rio Rd
3465 Rio Rd
3465 Rio Rd
3465 Rio Rd

Summary

In a recent pre-sale renovation success, Coldwell Banker Realty agent Robin Stelle partnered with Revive property advisor Amanda Steele to revamp a dated 1980s property at 3465 Rio Road in Carmel. Homeowners Sally and Dave decided to move closer to their family in Ohio, and were ready to put their $1,500,000 valued home on the market, but it needed some updates. Revive fronted $255,141 in renovations, focusing on a fresh coat of paint, deck remodeling, and master bathroom overhaul, among other things – and the efforts paid off tenfold! The upgrades brought the sale price to $2,045,000 and garnered the sellers a profit of $289,859. This project not only achieved 113.61% ROI but also increased the Robin’s commission by 36.33%, showcasing the lucrative potential of targeted renovations prior to selling.

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While there is an abundance of evidence that supports that renovated turnkey homes sell faster and for more, Revive, nor the Contractor, can guarantee a specific as-is or after renovation value or the exact time that it would take to get a renovated home sold. Further, Revive cannot provide a guarantee that the real estate market will not experience fluctuations or a decrease during the renovation or sales period.