How 7140 Arbeau Dr. created $224,354 in additional profit
Targeted updates designed to maximize value
New flooring, interior painting, door enhancements, lightings, kitchen remodel, new appliances, bathroom full remodel, bedroom refresh, and staging
Before Revive
The homeowners knew the home had more potential, but needed a clear plan to unlock it.
Compass agent Leslie Faught partnered with Revive Property Advisor Jon Salas to tackle pre-sale renovations needed at 7140 Arbeau Dr., in Newark, CA. This listing was inherited as part of a trust and required major renovations, but the new owner didn't want to take on the financial burden of fronting the money himself, so Revive covered $195,646 worth of improvements, which took the initial value of the home from $800,000 to selling for $1,220,000. The job was completed two weeks ahead of schedule, and the seller netted $224,354, while Leslie Faught saw a 52.5% increase in commission, a big success for both the seller and agent.
The results speak for themselves.
$800,000
As-is price
Purchase price
$195,646
Renovations
$1,220,000
Sales price
Resale price
$224,354
Profit
For illustrative purposes only. Individual results may vary. Testimonials and case studies are not intended to guarantee the same or similar results.
