Michael And Ashley Cordray Net Worth: How Much Do The Restoring Galveston Stars Make?

In the world of home renovation reality TV, few stars shine as brightly as Michael and Ashley Cordray. The dynamic duo behind the hit show “Restoring Galveston” has captured the hearts of viewers with their passion for preserving historic homes and their infectious enthusiasm. 

As their popularity continues to grow, so does curiosity about their financial success. Let’s dive into the fascinating world of the Cordrays and explore their net worth.

Unraveling the Mystery: Michael and Ashley Cordray’s Net Worth

When it comes to estimating the net worth of reality TV stars, the task can be as challenging as renovating a century-old home. 

However, by examining various aspects of the Cordrays’ business ventures and television success, we can piece together a clearer picture of their financial standing.

The Business Empire of Save 1900

At the heart of Michael and Ashley Cordray’s success lies their restoration company, Save 1900. This enterprise forms the backbone of their business activities and serves as the primary vehicle for their renovation projects.

Overview of Save 1900

Save 1900 is more than just a renovation company; it’s a labor of love for the Cordrays. Founded with the goal of preserving Galveston’s rich architectural heritage, the company has become synonymous with quality craftsmanship and historical accuracy.

Mission and Values

The mission of Save 1900 is clear: to breathe new life into neglected historic properties while maintaining their original charm and character. This commitment to preservation has not only earned them a loyal customer base but has also positioned them as leaders in the field of historical renovation.

  • Preserving Galveston’s architectural heritage
  • Combining modern amenities with historical aesthetics
  • Educating the public about the importance of historic preservation
  • Promoting sustainable renovation practices
  • Fostering community pride through restoration projects

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Services Offered

Save 1900 offers a wide range of services tailored to the unique needs of historic properties:

  • Full-scale home renovations
  • Architectural salvage and reclamation
  • Custom millwork and carpentry
  • Historic paint color consultations
  • Period-appropriate fixture sourcing
  • Project management for large-scale restorations

Notable Projects

Over the years, Save 1900 has tackled numerous high-profile projects that have garnered attention both locally and nationally:

  • The restoration of the 1887 Kettle House, a Galveston icon
  • Renovation of a Victorian-era bed and breakfast
  • Transformation of a dilapidated firehouse into a modern living space
  • Restoration of several storm-damaged properties following Hurricane Harvey

Revenue Estimates

While exact figures are not publicly available, industry experts estimate that Save 1900’s annual revenue could range from $500,000 to $2 million, depending on the scale and number of projects undertaken each year. 

This estimate takes into account the high-end nature of their work and the premium pricing that comes with specialized historical renovations.

Illuminating the World of Reality TV: Restoring Galveston

The Cordrays’ foray into television has undoubtedly boosted their profile and, consequently, their earning potential. “Restoring Galveston” has become a cornerstone of their brand and a significant contributor to their overall net worth.

Introduction to Restoring Galveston

Introduction to Restoring Galveston

“Restoring Galveston” premiered in 2019 and quickly gained a dedicated following. The show showcases the Cordrays’ renovation projects, offering viewers a blend of historical education, renovation tips, and the couple’s endearing chemistry.

Premise of the Show

Each episode follows Michael and Ashley as they purchase a historic Galveston property in need of restoration. Viewers are taken on a journey from the initial purchase through the renovation process, culminating in the reveal of the beautifully restored home.

Magnolia Network Partnership

In 2021, “Restoring Galveston” found a new home on the Magnolia Network, founded by Chip and Joanna Gaines. This partnership has likely increased the show’s reach and potentially the Cordrays’ compensation.

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Potential Earnings

While reality TV salaries are often closely guarded secrets, industry insiders suggest that stars of successful home renovation shows can earn anywhere from $10,000 to $50,000 per episode. 

Given the popularity of “Restoring Galveston” and its prime placement on the Magnolia Network, it’s reasonable to assume that the Cordrays’ earnings fall somewhere in this range.

The Bottom Line: Calculating Michael and Ashley Cordray’s Combined Net Worth

The Bottom Line Calculating Michael and Ashley Cordray's Combined Net Worth

Determining the exact net worth of public figures is always a challenge, but by analyzing various income streams and making educated estimates, we can arrive at a reasonable approximation.

Overview of Net Worth Estimation

Net worth is calculated by subtracting total liabilities from total assets. For the Cordrays, this includes the value of their business, real estate holdings, personal property, and any investments, minus any outstanding debts or mortgages.

Revenue Sources

The Cordrays have several potential revenue streams contributing to their net worth:

  1. Income from Save 1900 renovation projects
  2. Salary from “Restoring Galveston”
  3. Potential sponsorship deals and brand partnerships
  4. Speaking engagements and appearances
  5. Real estate investments and property appreciation

Net Worth Estimate

Taking all factors into consideration, including their successful business, television career, and potential real estate portfolio, industry experts estimate Michael and Ashley Cordray’s combined net worth to be in the range of $3 million to $5 million as of 2024. This figure is subject to change based on the continued success of their show and business ventures.

It’s important to note that this is an estimate based on publicly available information and industry standards. The Cordrays’ actual net worth may differ and is likely to fluctuate over time as their various ventures evolve.

FAQ’s

Do the houses on Restoring Galveston sell?

Yes, the renovated houses featured on “Restoring Galveston” are typically sold after completion. The Cordrays often list these properties for sale, allowing buyers to own a piece of restored Galveston history.

Who are the stars of Restore Galveston?

The stars of “Restoring Galveston” are Michael and Ashley Cordray, a husband-and-wife team passionate about preserving historic homes in Galveston, Texas.

How many kids do the people on Restoring Galveston have?

As of 2024, Michael and Ashley Cordray have two children. Their growing family has occasionally been featured on the show, adding a personal touch to their renovation adventures.

How did Ashley and Michael meet on Restoring Galveston?

Ashley and Michael didn’t meet on the show. They were already married when “Restoring Galveston” began. The couple met in college and bonded over their shared love of history and architecture.

Are Michael and Ashley Cordray licensed contractors?

While Michael has extensive experience in construction and renovation, the exact licensing status of the Cordrays is not publicly confirmed. They often work with licensed professionals on their projects.

Final Thought

Michael and Ashley Cordray have built an impressive empire through their dedication to historic preservation and their engaging television presence. 

Their estimated net worth of $3 million to $5 million reflects not only their financial success but also the value they’ve created in preserving Galveston’s architectural heritage.

As “Restoring Galveston” continues to captivate audiences and Save 1900 takes on new and exciting projects, the Cordrays’ net worth is likely to grow. 

However, for this inspiring couple, it’s clear that their true wealth lies in the satisfaction of bringing history back to life, one house at a time.

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