Home Value Calculator
Estimate how renovations could increase your home's value and calculate your potential return on investment.
Understanding Home Value & ROI
Not all renovations provide the same return on investment. Understanding which improvements add the most value helps you make smart decisions.
Legal Basement Suite
8-15% value increase + rental income
Kitchen Renovation
70-85% cost recovery
Bathroom Renovation
60-75% cost recovery
Home Addition
50-70% cost recovery
Why Basement Suites Outperform
Legal basement suites offer the best ROI because they provide two sources of value:
- 1Immediate rental income: $1,000-$1,400/month
- 2Home value increase: From added square footage and income potential
Plus, with the SSI Grant covering up to $35,000, your effective investment is significantly lower.
Factors That Affect Value
- Quality of Work: Professional work adds more value than DIY
- Permits: Permitted work is valued higher and required for legal suites
- Market Conditions: Local real estate market affects returns
- Neighborhood: Some areas see better returns than others
Get a Professional Assessment
These are general estimates. For a professional assessment of how specific renovations could impact your home's value, contact us for a free consultation.