132 Winona Ave

Most of the time when we talk about Renos for Revenue, we have to estimate what a home would have sold for as-is. With 132 Winona Ave we don’t have to estimate anything. Hinchey Homes purchased this property outright, renovated it ourselves, and sold it. Every number is real.

As-is, Winona was worth $546,000. We invested $218,597 into a strategic renovation, the same scope of work we would have run for a client through the program. When the renovation was complete the home sold for $980,000 in 2020. That is $434,000 of added value, or about $1.99 of gross lift per renovation dollar.

For another home, compare selling as-is with the proposed renovation and selling costs before choosing a plan.

We share Winona because it removes the speculation. The full math is laid out side-by-side on our Renos for Revenue overview. Below is the actual transformation, room by room.