How 834 47th Ave created $348,675 in additional profit
Targeted updates designed to maximize value
New flooring, baseboard & trim, interior & exterior painting, windows and door replacement, bathroom refresh, kitchen remodel, lighting enhancement, and backyard softscaping.
Before Revive
The homeowners knew the home had more potential, but needed a clear plan to unlock it.
Justin Hedemark of Helm Real Estate was working through the complexities of a probate property with his client in San Francisco, CA. With no available cash for renovations and the property in distress, Justin turned to Revive to offer his client a way to cover the cost of improvements needed without pulling anything from their own pocket. Working with Property Advisor Jon Salas, Revive helped facilitate and fund a $451,325 home makeover, interest-free, that included new flooring, kitchen and bathroom updates, and backyard softscaping. The renovation investment doubled the home's value to $1,600,000, yielding a $348,675 profit for the estate and doubling Justin's commission.
The results speak for themselves.
$800,000
As-is price
Purchase price
$451,325
Renovations
$1,600,000
Sales price
Resale price
$348,675
Profit
For illustrative purposes only. Individual results may vary. Testimonials and case studies are not intended to guarantee the same or similar results.