$600,000

As-is price

$35,682

Renovations

$676,250

Sales price

$40,568

Profit

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Scope of work

Interior painting, staircase handrails, fireplace mantle painting, and bathroom remodel.

Before & After's

Summary

Agent Jessica Taylor of Mosaic Realty, alongside Revive Property Advisor Luke Gutierrez, worked together on a renovation in University Place, WA. The homeowner, a widow looking to downsize after an unexpected pause due to COVID-19, had previously updated the kitchen and carpets but lacked the funds to renovate the bathrooms herself. Originally valued at $600,000, the home underwent targeted renovations worth $35,682, all fronted interest-free by Revive, including interior painting, a refresh of the staircase handrails and fireplace mantle, and a much-needed bathroom remodel.

The improvements resulted in a sale price of $676,250, earning the homeowner a profit of $40,568, and helping her transition into a smaller home. For Jessica Taylor, who has experience in managing renovations for clients, this project marked a successful collaboration, boosting her commission by 12.71% and achieving an ROI of 113.69%.