Wedgewood Homes
Wedgewood Homes is a privately held cash home buyer founded in 1984-85, based in Redondo Beach, California. Operating across 14 markets in five states, the firm purchases residential properties as-is at 60-80% of after-repair value, renovates them, and resells for profit.
- Company typePrivate
- Founded1984
- HeadquartersRedondo Beach, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Wedgewood Homes does
Wedgewood Homes (Wedgewood LLC) is a privately held real estate investment company founded in 1984-85 and headquartered in Redondo Beach, California. The firm operates as a direct cash buyer of residential properties, purchasing homes as-is from individual sellers across 14 markets in five states — California, Nevada, Texas, Utah, and Colorado. With approximately 45 employees and a BBB A+ rating, Wedgewood positions itself as an alternative to the traditional listing process for homeowners seeking fast, fee-free sales.
The core operation is acquisition at 60-80% of estimated after-repair value (ARV), followed by renovation and resale. Wedgewood absorbs all typical transaction costs — there are no fees, commissions, or closing costs charged to sellers — and the all-cash purchase model enables rapid closings. The firm has developed specialized offerings such as its Certified Probate Specialists designation, indicating deliberate focus on distressed and non-traditional seller situations such as estates.
Wedgewood's revenue model is the gross spread between acquisition cost (including renovation) and the eventual resale price of each property, with the company carrying inventory through the renovation cycle. The firm supplements transactions with community programs, including the Wedgewood Gives Back initiative and a 2023 partnership with nonprofit Hearts & Hammers, and competes in a market increasingly shared with institutional iBuyers and tech-enabled cash-buy platforms.
Wedgewood Homes firmographics
Firmographics- Name
- Wedgewood Homes
- Legal name
- Wedgewood LLC
- Website
- https://wedgewoodhomes.com
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Wedgewood Homes is a privately held cash home buyer founded in 1984-85, based in Redondo Beach, California. Operating across 14 markets in five states, the firm purchases residential properties as-is at 60-80% of after-repair value, renovates them, and resells for profit.
- Ownership category
- akta.pro rank
Where Wedgewood Homes is headquartered
LocationHeadquarters
- HQ city
- Redondo Beach
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Wedgewood Homes business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Home Purchase and Resale: Wedgewood Homes purchases homes directly from sellers for cash at prices typically ranging from 60-80% of After Repair Value (ARV). The company then renovates the properties and resells them on the open market. Revenue is generated from the spread between purchase price and resale value, minus renovation costs and operating expenses. The company does not charge sellers any fees, commissions, or closing costs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Cash offer based on property assessment - no fixed tiers |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
Wedgewood Homes product offering
Product offeringCore offering
Wedgewood Homes is a direct cash home buyer that purchases residential properties as-is from individual homeowners, then renovates and resells those homes on the open market. The company buys homes in any condition without requiring repairs, showings, or staging, charges sellers no fees, commissions, or closing costs, and typically offers 60-80% of After Repair Value (ARV) with closings possible in as little as three days. Revenue is generated from the spread between purchase price and post-renovation resale value, net of renovation and operating costs.
Product overview
Wedgewood Homes operates as a direct cash home buying company with a single unified service offering. The core product is their cash home buying service where they purchase properties directly from homeowners in as-is condition without requiring repairs, fees, or commissions. The company has purchased over 750 homes and operates across 14 markets in California, Nevada, Utah, Colorado, and Texas. Supporting tools include a Net Proceeds Calculator for comparing traditional vs. cash sale outcomes, an online cash offer request form for homeowners, an agent property submission form, and a marketplace of renovated homes available for resale. The company revitalizes neighborhoods by purchasing aging or distressed properties, renovating them using local vendors and community real estate professionals, and reselling move-in ready homes.
Differentiator
Problem solved
Functional benefit
Products and services
- Wedgewood Homes Cash Home Buying Service A direct, end-buyer service that purchases residential homes from individual homeowners in any condition, as-is, with no repairs, no showings, no agent commissions, and no closing costs charged to the seller. Offers typically range from 60-80% of After Repair Value (ARV) and closings can occur in as little as 3 days. Available across 14 markets in California, Nevada, Texas, Utah, and Colorado.
- Renovated Homes for Resale Marketplace listings of single-family homes that Wedgewood Homes has purchased, renovated using local vendors and community real estate professionals, and resold in move-in ready condition to retail homebuyers across its operating markets.
Quantifiable outcome
- Cash in as little as 3 days
- +2 more outcomes
Companies that use Wedgewood Homes
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles5 records
Wedgewood Homes technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Wedgewood Homes partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Hearts & HammersminorNon-profit home restoration organization serving communities across Minnesota and Texas. Wedgewood Homes Dallas team partnered with Hearts & Hammers in November 2023 to provide exterior home improvements for an elderly homeowner couple in need. Work included exterior repairs, painting, caulking, gutter repair, and landscape renewal. David Wehrly, Executive Vice President, participated in the service day. This reflects Wedgewood's community commitment to revitalization beyond physical infrastructure.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
Wedgewood Homes competitors and assessment
Company assessmentDirect peers
- HomeVestors (We Buy Ugly Houses):
- Offerpad Solutions: A public iBuyer that purchases homes directly from sellers, renovates, and relists them. Operates in many of the same Sun Belt markets as Wedgewood (AZ, NV, TX, FL, NC) and competes head-to-head for off-market seller flow.
- Opendoor: The largest publicly traded iBuyer in the U.S., Opendoor buys homes directly from sellers for cash, renovates, and resells. Directly comparable business model to Wedgewood Homes, though at vastly greater scale and with a tech-enabled pricing engine.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Wedgewood Homes social profiles
Digital presenceWedgewood Homes compliance and trust
Trust signalCompliance1 record
Wedgewood Homes financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wedgewood Homes leadership team
Management profileNumber of profiles
Profiles8 records
Wedgewood Homes funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wedgewood Homes M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wedgewood Homes
What does Wedgewood Homes do?
Wedgewood Homes is a direct cash home buyer that purchases residential properties as-is from individual homeowners, then renovates and resells those homes on the open market. The company buys homes in any condition without requiring repairs, showings, or staging, charges sellers no fees, commissions, or closing costs, and typically offers 60-80% of After Repair Value (ARV) with closings possible in as little as three days. Revenue is generated from the spread between purchase price and post-renovation resale value, net of renovation and operating costs.
Is Wedgewood Homes a public or private company?
Wedgewood Homes is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Wedgewood Homes founded?
Wedgewood Homes was founded in 1984. It employs 11 to 50 people.
Where is Wedgewood Homes based?
Wedgewood Homes is headquartered in Redondo Beach, United States, in the North America region.
How does Wedgewood Homes make money?
One revenue line is on record: home Purchase and Resale.
Who are Wedgewood Homes's main competitors?
Direct peers on record are HomeVestors (We Buy Ugly Houses), Offerpad Solutions and Opendoor.
Does Wedgewood Homes have an API?
No public API is recorded for Wedgewood Homes.