ROI is King
In real estate, there is a big difference between a home’s "as-is" price and its true potential. We recently proved this with a property that had been a rental for years. With the owner living outside of Quebec, the home had fallen into rough shape. We’re talking damaged, worn-out floors, dated kitchen cabinets and drawers with laminates peeling off, and a garage floor so cracked and heaved it would make any buyer start questioning the presence of pyrite.
In its current state, and based on comparable sales for homes in that condition, the math was simple but painful: List it “as-is” and expect a sale price of around $650,000.
For many, that’s the path of least resistance.You avoid the hassle, you skip the repairs, and you hand over a massive chunk of your home equity to a buyer who is willing to take on the work, typically a flipper or contractor expecting a deep discount to make it worthwhile.
While listing “as is” may feel easier, it also significantly shrinks your buyer pool. With today’s renovation costs, most buyers simply won’t take on a project, even at an attractive price.
My team and I however, presented the owner with a different roadmap. We assured him that if he trusted the process and was willing to invest some money upfront, we could move that needle substantially.
One path leaves a fortune on the table for the buyer to claim. The other ensures that every dollar of potential equity stays exactly where it belongs: in your pocket. At Team Broady, we’ve coined and trademarked the phrase “ROI is King™” — because in our world, your return on investment should always be the crown jewel of every transaction.
So we proposed a targeted renovation budget of approximately $33,000. It required the seller to have a little skin in the game, but the roadmap was clear.
The owner was understandably cautious. He didn't just want to spend money, he wanted to know it was being spent wisely. When we recommended a painter from our private network, he did his due diligence and called a company with top-ranking Google search results and plenty of five-star reviews.
Their quote? $18,000. Our professional’s quote? $6,000, for the exact same job.
The completed work was identical in quality, but because we have the insider contacts, we were able to deliver a professional-grade finish for one-third of the price. We saw the same result in the kitchen, where a $12,000 refurbishing estimate was cut down to a $4,000 flat rate by utilizing a skilled handyman instead of an RBQ licensed contractor. We’re painting cabinets here, not redesigning the kitchen.
Maximizing ROI isn’t just about spending money; it’s about spending it where it matters, with the right people, and at the right price. This is where the distinction between "spending" and "investing" becomes clear. If you renovate blindly, you might never see that money again. But if you follow a strategic plan guided by local expertise, you stand to benefit greatly.
In just four weeks, we executed the following high-impact improvement plan:
Remove the Obstacles : We replaced the garage concrete slab, removing a major red flag for buyers who might be worried about pyrite or structural issues.
Investment: $9,000
Restore the Soul: The original hardwood floors were sanded and stained dark, masking years of rental wear and tear, giving the home a brand new feel.
Investment: $9,000
A Fresh Coat: We had the entire interior professionally painted. Bright, neutral colours.
Investment: $6,000
Smart Kitchen Refresh: Instead of a full remodel, we stripped and repainted the cabinets, saving thousands while achieving a modern aesthetic.
Investment: $4,000
Staging for Success: Once the deep cleaning and professional painting were done, our stagers moved in to help buyers visualize their future in every room.
Investment: $5,000
Total Strategic Investment: $33,000
Once the staging was completed. The home no longer looked like a beat-up old rental property. It looked like a $750,000 home. By trusting our strategic plan and investing $33,000, we were confident enough to list the property at $788,000.
The property hit the market on March 13th, and had an accepted offer after 28 days.
The sale price was $740,000.
Let’s look at the Bottom Line:
The "As-Is" Path: $650,000.
The Team Broady Path: $740,000
Minus the $33,000 investment: $707,000
The ROI: An additional $57,000 in net value!
If you have a residential property in rough shape, you have options. You can leave your equity on the table for the next person, or you can call Team Broady, follow a proven strategic plan, and ensure that when it comes to your sale, ROI is King.