PORTLAND DEVELOPMENT CASE STUDY
From $475,000 to $725,000.
A classic Portland craftsman bungalow in the Portsmouth neighborhood — an estate sale with years of deferred maintenance over genuinely strong bones. The curb appeal was always there; it just needed to be revealed.
PORTSMOUTH · 4 BD / 3 BA · ESTATE FIX-AND-FLIP
Purchase Price
$475K
Sale Price
$725K
Gross Profit
$250K
PROJECT OVERVIEW
Knowing What Not to Build
2615 N Gammans Pl is a classic Portland craftsman bungalow in the Portsmouth neighborhood — an estate sale with years of deferred maintenance layered over genuinely strong bones and a location that was always worth investing in. The curb appeal was always there; it just needed to be revealed.
The main floor had a great layout that simply needed a refresh. Upstairs, an oddly-shaped room was converted into a functional second bath. The biggest lift was the basement: a dark, maze-like footprint that required removing non-load-bearing walls and strategic re-framing to create a clean, livable flow — capped with a standout spa-style bath.
Discipline kept the budget reasonable: the decision not to overbuild with a primary suite addition preserved margin against the neighborhood’s ARV ceiling. The project was completed in 5 months — a timeline that meaningfully reduced holding costs and protected the bottom line.
RENOVATION SCOPE
What We Did
INTERIOR
- ✓Full interior repaint throughout
- ✓New LVP flooring on main floor
- ✓Kitchen renovated — white shaker cabinets, quartz counters, tile backsplash, new appliances
- ✓Main bath fully remodeled — deep green zellige tile floor-to-ceiling, matte black & brass fixtures
- ✓Upstairs oddly-shaped room converted to a second full bath
- ✓Primary suite: cedar shiplap cathedral ceiling, refinished floors, new lighting
- ✓New lighting throughout
EXTERIOR
- ✓Full exterior repaint — crisp white with black trim accents
- ✓New windows and front door with warm wood inset
- ✓Landscaping cleared, lawn seeded and established
BASEMENT
- ✓Removed non-load-bearing walls to open the floor plan
- ✓Strategic re-framing for improved flow and livability
- ✓New bath — fluted floating vanity, wood-look tile shower, matte black fixtures
- ✓Full repaint, new flooring, recessed lighting throughout
THE TRANSFORMATION
Before & After
Every room was approached with the same question: what will buyers notice, and what creates the most value? See the results below.
Exterior
Before
After
Kitchen
Before
After
Primary Suite
Before
After
Main Bath
Before
After
Basement Bath
Before
After
Primary Suite Vanity
After
THE RESULTS
By the Numbers
Purchase Price
$475,000
Sale Price
$725,000
Value Increase
+52.6%
Gross Profit
$250,000
Project Duration
5 Months
Neighborhood
Portsmouth
Property Type
Estate Sale
STRATEGY & POSITIONING
Unlocking Value Within the Footprint
The defining discipline on this project was knowing what not to build. Adding a primary suite addition or additional bedrooms would have pushed renovation costs past what the Portsmouth market could absorb. Instead, the focus stayed on unlocking value within the existing footprint — opening the basement, converting wasted upstairs space into a productive bath, and elevating finishes throughout.
The main bath was the emotional anchor — deep forest green zellige tile, mixed metal fixtures, and a wall-mounted sink created a room buyers would photograph and remember. The basement bath delivered spa-level finishes at below-grade cost. The primary suite’s cedar shiplap cathedral ceiling became a signature detail that set the home apart from all other inventory.
The kitchen didn’t fully land — in hindsight, the design played it too safe in the room buyers scrutinize most, which likely cost something at sale. Every project teaches something, and we don’t make the same mistake twice. Completing the project in 5 months meaningfully reduced carrying costs and partially offset the gap.
Work With Jordan Snook
Jordan helps sellers prepare homes to maximize sale price through strategic updates, renovation guidance, and buyer-focused presentation.
He also helps buyers identify homes with strong instant-equity potential through smart remodel opportunities, backed by a trusted network for getting work done right and at a good price.
Jordan Snook
Portland Real Estate Renovation Specialist · Works Real Estate
📞Cell: 503-830-4135
✉jordan@pdxworksrealestate.com