How 477 Center St created $622,268 in additional profit
Targeted updates designed to maximize value
Flooring, new doors installed, bathroom reframing, bathroom remodel, kitchen remodel & new appliances installation, curb appeal - softscape & hardscape, exterior & interior painting, baseboard & trim, refinish trim & wood accents, and lighting enhancements.
Before Revive
The homeowners knew the home had more potential, but needed a clear plan to unlock it.
Compass agent Kelly Perkins brought her historic Laguna Beach, California listing to Revive to help modernize the aging property and maximize its market potential. The homeowner was navigating financial pressure tied to a reverse mortgage while approaching retirement, making it especially important to capture as much equity as possible through the sale.
Working alongside Revive Property Advisor Jameson Hanson and the Revive Design Team, Kelly developed a renovation strategy focused on delivering meaningful value through targeted updates. Revive covered the renovation costs upfront, allowing the homeowner to move forward without additional financial strain. The transformation included updated paint and flooring, new doors, kitchen and bathroom renovations, curb appeal improvements, and new appliances designed to elevate both functionality and buyer appeal while preserving the home’s unique character.
The results speak for themselves.
The renovations dramatically increased the property’s market value, helping the home rise from an estimated $2,400,000 to a final sale price of $3,325,000. The successful transformation generated a profit of $622,268 for the homeowner and delivered a 205.55% return on investment. Kelly Perkins also saw a 38.54% increase in commission, while helping her client secure the financial boost needed for retirement. The project demonstrated the power of thoughtful collaboration, strategic renovations, and a shared commitment to doing what was best for the homeowner.
Home value increased by $925,000
$2,400,000
As-is price
Purchase price
$302,732
Renovations
$3,325,000
Sales price
Resale price
$622,268
Profit
For illustrative purposes only. Individual results may vary. Testimonials and case studies are not intended to guarantee the same or similar results.