$600,000
$600,000

As-is price

Purchase price

$35,682
$35,682

Renovations

$676,250
$676,250

Sales price

Resale price

$40,568
$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.
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Scope of work

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

Before & After

6008 52nd Street Ct W
6008 52nd Street Ct W
6008 52nd Street Ct W
6008 52nd Street Ct W
6008 52nd Street Ct W
6008 52nd Street Ct W
6008 52nd Street Ct W
6008 52nd Street Ct W
6008 52nd Street Ct W
6008 52nd Street Ct W
6008 52nd Street Ct W
6008 52nd Street Ct W

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%.

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While there is an abundance of evidence that supports that renovated turnkey homes sell faster and for more, Revive, nor the Contractor, can guarantee a specific as-is or after renovation value or the exact time that it would take to get a renovated home sold. Further, Revive cannot provide a guarantee that the real estate market will not experience fluctuations or a decrease during the renovation or sales period.