The homeowners knew the home had more potential, but needed a clear plan to unlock it.
In Irvine, CA, real estate agent J. Michael Roberts from Wealth Resource Institute and Revive Property Advisor Danisa Peralta managed a profitable renovation for homeowner Kell H. As Kell planned to downsize for retirement, the team upgraded his inherited property to increase its market value. With a total investment of $260,125, fronted interest-free by Revive, they updated the home with modern flooring, new baseboards, trims, and a resurfaced balcony. The renovation also included a kitchen remodel with new appliances, a stylish bathroom makeover, removal of outdated popcorn ceilings, a refreshed fireplace, and new interior and exterior paint.
The results speak for themselves.
These upgrades boosted the property's value from $1,100,000 to $1,789,000, netting Kell a profit of $428,875. This financial gain facilitated his move to the desert and increased his agent’s commission by 63%, achieving a project ROI of 165%. A big win for J. Michael and his client.
Home value increased by $689,000
$1,100,000
As-is price
Purchase price
$260,125
Renovations
$1,789,000
Sales price
Resale price
$428,875
Profit
For illustrative purposes only. Individual results may vary. Testimonials and case studies are not intended to guarantee the same or similar results.