Michael and Ashley Cordray are the stars of Restoring Galveston. Many fans wonder how much money they make. The couple renovates old houses in Galveston, Texas. Their show is popular on TV. They also run a business called Save 1900.
People are curious about their success. How much are the michael cordray net worth really worth? Let’s take a closer look at their earnings from TV and house flipping.
Unraveling the Mystery: Michael Cordray Net Worth
Michael and Ashley Cordray have become household names in the world of home renovation and reality television. Their journey from local restoration enthusiasts to TV personalities has captivated audiences and sparked curiosity about their financial success.
We’ll delve into the various aspects of their business empire, TV show, and attempt to estimate their combined net worth.
The Business Empire of Save 1900
Save 1900 is the Cordrays’ main business. They started it to fix up old houses in Galveston. The company does more than just house flipping. They offer design services too.
Save 1900 has become well-known in the area. People trust them to restore historic homes. The business likely makes good money from these projects.
It’s a key part of Michael and Ashley’s success. Save 1900 helps them make money outside of their TV show. This business adds to their overall wealth.
Overview of Save 1900
Save 1900 is the cornerstone of Michael and Ashley Cordray’s business ventures. Founded with a passion for preserving historical homes, this company has become synonymous with quality restoration work in Galveston, Texas.
The Cordrays have successfully transformed this local initiative into a thriving enterprise that not only contributes to the local economy but also serves as a testament to their entrepreneurial spirit.
Mission and Values
At the heart of Save 1900 lies a commitment to preserving the architectural heritage of Galveston. The Cordrays’ mission extends beyond mere profit-making; they aim to breathe new life into neglected properties while maintaining their historical integrity.
This dedication to authenticity and quality craftsmanship has earned them a reputation as trusted restorers in the community.
Services Offered
Save 1900 offers a wide range of services catering to various aspects of historical home restoration. These include:
- Full-scale renovation projects
- Architectural preservation consulting
- Custom millwork and carpentry
- Period-appropriate interior design
- Project management for historical restorations
This diverse portfolio of services allows the company to tap into multiple revenue streams within the restoration industry.
Notable Projects
Over the years, Save 1900 has undertaken numerous high-profile restoration projects that have garnered attention both locally and nationally. Some of their standout works include:
- The revival of a Victorian-era mansion on Broadway Street
- Restoration of a historic firehouse into a modern living space
- Transformation of a dilapidated beach cottage into a luxury vacation rental
These projects not only showcase the Cordrays’ skill but also contribute significantly to their portfolio and, by extension, their net worth.
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Revenue Estimates
While exact figures are not publicly disclosed, industry experts estimate that Save 1900’s annual revenue could range from $500,000 to $2 million.
This estimate takes into account the scale of their projects, the premium nature of their services, and the company’s growing reputation in the restoration field.
Illuminating the World of Reality TV: Restoring Galveston
Introduction to Restoring Galveston
Restoring Galveston, originally titled “Big Texas Fix,” is the reality TV show that catapulted Michael and Ashley Cordray into the national spotlight. This series has not only showcased their restoration skills but has also become a significant contributor to their overall net worth.
Premise of the Show
The show follows the Cordrays as they purchase, restore, and sell historical homes in Galveston. Each episode typically features a different property, highlighting the challenges and triumphs of bringing these old houses back to life.
The blend of historical preservation, creative problem-solving, and the couple’s charismatic personalities has proven to be a winning formula for viewers.
Magnolia Network Partnership
Restoring Galveston’s move to the Magnolia Network, founded by Chip and Joanna Gaines, has been a game-changer for the Cordrays. This partnership has expanded their reach and potentially increased their earnings from the show.
The association with such a prominent network in the home renovation genre likely comes with improved contract terms and wider distribution.
Potential Earnings
While specific details of their TV contracts are not public, industry standards can provide some insight into potential earnings. Reality TV stars of their caliber can earn anywhere from $10,000 to $50,000 per episode.
With multiple seasons under their belt, this could translate to a significant income stream, possibly reaching into the hundreds of thousands of dollars annually from the show alone.
Calculating Michael and Ashley Cordray’s Combined Net Worth
Figuring out how much Michael and Ashley Cordray are worth isn’t easy. They make money from different places. Their TV show pays them for each episode. Save 1900 brings in money from house sales and renovations.
They might also get paid for ads or appearances. The houses they fix and sell add to their wealth too. Experts guess they might be worth $5 million.
But this is just a guess. The real number could be different. Their net worth probably grows as their show gets more popular. Their business success also helps increase their wealth over time.
Overview of Net Worth Estimation
Estimating the net worth of public figures like the Cordrays involves analyzing various income sources, assets, and potential liabilities.
While precise figures are challenging to determine without insider information, we can make educated guesses based on publicly available data and industry standards.
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Revenue Sources
The Cordrays’ net worth is likely derived from multiple sources:
- Income from Save 1900 operations
- Earnings from Restoring Galveston
- Property investments and flips featured on the show
- Potential sponsorships and brand deals
- Speaking engagements and public appearances
- Merchandise sales (if any)
Each of these streams contributes to their overall financial picture, with some likely being more substantial than others.
michael cordray net worth
Taking into account their business revenues, TV earnings, and potential property investments, a conservative estimate of Michael and Ashley Cordray’s combined net worth could range from $5 million. This figure considers:
- The estimated annual revenue of Save 1900
- Multiple seasons of Restoring Galveston
- Potential profits from property sales featured on the show
- The value of their personal property holdings
It’s important to note that this is a speculative estimate and could vary based on factors not publicly known, such as investments, debts, or additional business ventures.
FAQ’s
Do the houses on Restoring Galveston sell?
Yes, the houses restored on the show are typically sold, often at a profit, reflecting the value added through the Cordrays’ renovation work.
Who are the stars of Restore Galveston?
Michael and Ashley Cordray are the stars of Restoring Galveston, showcasing their skills in historical home renovation.
How many kids do the people on Restoring Galveston have?
The Cordrays have two children, a daughter named Elle and a son named Rhett.
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. They met while attending Texas A&M University.
What is the average budget for a renovation on Restoring Galveston?
Renovation budgets on the show vary, but they typically range from $100,000 to $250,000, depending on the property’s size and condition.
Final Words
Michael and Ashley Cordray’s journey from local restoration enthusiasts to nationally recognized TV personalities is a testament to their skill, dedication, and entrepreneurial spirit. Through their company Save 1900 and their hit show Restoring Galveston, they have not only built a significant net worth but have also contributed to the preservation of Galveston’s rich architectural heritage.
While their estimated michael cordray net worth of $5 million is impressive, it’s clear that the Cordrays’ true wealth lies in their passion for their work and their ability to inspire others through their craft.
As they continue to grow their brand and take on new challenges, it’s likely that their financial success will only continue to increase.
I’m Shoaib, a passionate blogger with 5 years of experience. I love writing about tech. My goal is to share useful information and insights with you. Explore my website to discover exciting content on various topics!
