A Revive Home Success Story
Renovating a house for profit is a complex undertaking, and getting your home ready for market is already stressful, so why would you ever want to combine the two? I’ll tell you why: IT’S WORTH IT. Because of the added hassle that comes with updating a house before putting it on the market, most homeowners miss out on 15-20% of the value of their home. Our Revive program doesn’t let that happen.
Revive is our company’s renovation program that allows sellers to borrow an uncapped amount of money with NO interest. Even better, we take care of all the scheduling, hiring, delegating, and implementing. This makes the smartest choice—renovating your home—the easiest choice.
One of our latest sales in Gig Harbor benefited immensely from this program and illustrates just how successful Revive can be. We would have listed this cutie as-is at $399,000. Instead, we tasked our in-house designer to shine her up in order to receive an expected $50,000 more once the house went to market.
We had our designer walk through the house and plan out where we would gain the greatest return on investment. Once we decided on the most we could do in the least amount of time, we called our contractors and got to work. We brightened up the home with fresh paint; luxury vinyl planking throughout the whole house; brand new stainless steel appliances; new hardware on all doors, baseboards, and trim; new vanities, lighting, and mirrors; a shiplap wall accenting the freshly painted fireplace; and full landscaping to highlight the almost two acres of wooded goodness.
Working through snow and ice, we freshened this home up in just under five weeks during the 2021 holiday season. Our full investment came to $33,000, paid up front and at no cost to our clients. In turn, instead of the predicted $50,000 above an as-is listing price, the sellers received $70,000 more for their home, totaling a $37,000 return on investment. Talk about a success story!
Are you planning to sell, but know your home could benefit from a little refresh first? Some of the best things you can do to liven up a tired home include new interior paint, a good carpet change, anything to update the kitchen, and flooring improvements. Or, better yet, give us a call and we’ll do all the work for you! Don’t lose out on the extra money you could get for your beautifully Revive(d) home.
