$1,950,000

As-is price

Purchase price

$264,280

Renovations

$2,649,000

Sales price

Resale price

$434,720

Profit

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Scope of work

Flooring, baseboard & trim, roof repairs, interior & exterior painting, bathrooms refresh, kitchen remodel with open concept, fireplace enhancement, and new kitchen appliances installation.

Before & After

Summary

In Westlake Village, agent Laurence Cook of Compass took on his first project with Revive, helping his client fix and flip a property he had purchased in Westlake Village. The renovation, totaling $264,280, included a new open-concept kitchen, updated bathrooms, a revitalized fireplace, and essential repairs to the roofing. Fresh paint inside and out, along with new kitchen appliances, raised the home's value from $1,950,000 to a sales price of $2,649,000. This netted Laurence’s client a profit of $434,720 and increased Laurence's commission by 36%, an easy way for his client to renovate and improve the home without ever having to spend a dollar of his own money out-of-pocket for the renovations.