The homeowners knew the home had more potential, but needed a clear plan to unlock it.
Keller Williams agent Derek Stevens took on a listing that carried deep personal significance: his uncle Lester’s home in Los Angeles. Wanting to ensure the process was handled thoughtfully and strategically, Derek partnered with Revive Property Advisor Danisa Peralta to identify the renovations that would deliver the greatest return and help maximize the property’s value.
Revive fully fronted the $246,241 renovation budget, removing the upfront financial burden from the family while managing improvements designed to modernize and refresh the home. The transformation included new flooring, updated baseboards, balcony refurbishment, fresh paint, and renovations to the kitchen, bathrooms, and lighting. Together, the updates brought new life to the property and significantly improved its market appeal.
The results speak for themselves.
The renovated home sold for $1,192,000, a substantial increase from its original as-is valuation of $885,000. The project generated $60,759 in profit for Lester and delivered a 24.67% return on investment. Derek Stevens also saw a 34.69% increase in commission, creating a successful outcome for both the homeowner and agent through a carefully executed renovation strategy.
Home value increased by $307,000
$885,000
As-is price
Purchase price
$246,241
Renovations
$1,192,000
Sales price
Resale price
$60,759
Profit
For illustrative purposes only. Individual results may vary. Testimonials and case studies are not intended to guarantee the same or similar results.