$900,000

As-is price

$268,865

Renovations

$1,310,000

Sales price

$141,135

Profit

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Scope of work

Flooring, baseboard & trim, interior & exterior painting, upstairs bedroom deck, fireplace refresh, bathrooms remodel, kitchen remodel, softscape, and lighting enhancements.

Before & After's

Summary

Lucas Gelb and Justin Borges from Keller Williams in Downtown LA, contacted Revive Property Advisor Danisa Peralta, to help them turn a challenging listing into a turnkey dream. The homeowner, looking for a fresh start in Florida after his wife's passing, aimed to sell his home without financial loss. Together, Lucas, Justin, and Danisa put together a renovation plan that focused on new flooring and updating the kitchen and bathroom. With a renovation budget of $268,865 fronted by Revive, they took the home’s as-is value from $900,000 to a sales price of $1,310,000, netting $141,135 profit for the homeowner and aiding in his move to Florida with newfound financial peace. The project not only helped Lucas and Justin’s client, but also boosted their commission by 45.56% while delivering an ROI of 52.49% - a win for all parties involved.