How 6008 52nd Street Ct W created $40,568 in additional profit
Targeted updates designed to maximize value
Interior painting, staircase handrails, fireplace mantle painting, and bathroom remodel.
Before Revive
The homeowners knew the home had more potential, but needed a clear plan to unlock it.
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 results speak for themselves.
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%.
Home value increased by $76,250
$600,000
As-is price
Purchase price
$35,682
Renovations
$676,250
Sales price
Resale price
$40,568
Profit
For illustrative purposes only. Individual results may vary. Testimonials and case studies are not intended to guarantee the same or similar results.