Home Renovation ROI Estimator

Renovation Project Name/Label (Optional): Property Address/Identifier (Optional): Date of Analysis:

Total Cost of Renovation ($): Include all materials, labor, permits, design fees, etc. Optional: Itemize Costs (for your reference):

Estimated Home Value *Before* Renovation ($): Estimated Home Value *After* Renovation ($):

Estimated Increase in Home Value: $0.00

This ROI calculation is based purely on your cost and value-added estimates.
Actual market value increase can vary significantly due to market conditions, quality of workmanship, materials used, neighborhood comparables, and current buyer preferences.
Different types of renovations tend to have different average ROIs (e.g., kitchen and bathroom remodels often rank high, but this can vary widely by region and market).
Over-improving a home for its specific neighborhood may not yield a full return on the costs incurred.
Consider the non-financial benefits of a renovation (e.g., increased enjoyment, usability, comfort, accessibility) if you plan to continue living in the home.
This estimator does not account for potential tax implications (e.g., changes in property tax, capital gains tax upon sale) or any financing costs associated with the renovation.
For an accurate assessment of value added, consulting with a qualified real estate professional or appraiser is highly recommended, especially before undertaking major projects.