![$950,000](https://cdn.prod.website-files.com/614638d232367a729da19f74/6392ce08e9d57122ad04b015_Professional%20Guidance%20-%20white%404x.webp)
As-is price
![$265,560](https://cdn.prod.website-files.com/614638d232367a729da19f74/6392ce0910990de34ffa5a60_rENOVATION%20INSIGHT%20-%20WHITE%404x.webp)
Renovations
![$1,375,000](https://cdn.prod.website-files.com/614638d232367a729da19f74/6392ce0910990d73e0fa5a61_Built%20Around%20time%20-%20white%404x.webp)
Sales price
![$159,440](https://cdn.prod.website-files.com/614638d232367a729da19f74/6396be80c92e139fe0a5ef1e_Money%20out%20of%20pocket%404x.webp)
Profit
Scope of work
New flooring, installed new baseboard & trim, interior painting, new doors, kitchen remodel & new appliances installation, bathroom refresh, fireplace enhancement, lighting enhancement, repair deck, installed new wooden fence, and landscaping.
Before & After
Summary
Compass agent Nate Serdy was approached by a former high school buddy and sole trustee of his late father's estate. Faced with the option of selling as-is for $950,000, Nate proposed his friend renovate the home before selling to increase the sales value. Partnering with Revive, Nate and Property Advisor Jon Salas came up with a renovation plan that would help make the home move-in-ready. Revive fronted $265,560 worth of renovations, interest-free, which covered flooring, kitchen, bathrooms, and outdoor improvements. The strategically thought-out improvements helped the home sell for $1,375,000, netting a $159,440 profit for the estate and boosting Nate's commission by 44.74%. This project helped Nate ensure his friend sold for the most money possible and demonstrated the power pre-sale renovations can make on the value of a home.