$990,000

As-is price

Purchase price

$111,701

Renovations

$1,300,000

Sales price

Resale price

$198,299

Profit

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Scope of work

New flooring, baseboard & trim, interior painting throughout, new kitchen countertops and faucet, bathroom refresh, lightings, hardware and furnace installations, fireplace enhancement, staging.

Before & After

Summary

Before Revive, this condo unit has been on the market for $1,030,000 and the homeowner was worried that the property is going stale. Wanting to make some updates with minimal cost but in a profitable way, Carrington leveraged Revive. From as-is price of $990k, this unit got sold for $1,300,000.