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
Home Value & ROI Questions, Answered
It depends on the project: kitchens and bathrooms typically return 60–80% of their cost in resale value, while a legal basement suite can add both resale value and $1,200+ per month in rental income — which is why suites consistently outperform cosmetic renovations on total return in Saskatoon.
Legal basement suites lead: rental income, the SSI Grant covering 35% of eligible costs up to $35,000, and added resale value stack together. Use the calculator above to compare, then check our rental income calculator for the income side.
It applies typical Saskatoon value-uplift ranges from our 154+ completed projects and current market patterns. It is a planning tool — actual value change depends on your neighbourhood, finish level, and the market at sale time. For rental properties, income often matters more than resale uplift.
Dramatically. The Secondary Suite Incentive reimburses 35% of eligible costs up to $35,000 after completion — on a $100,000 suite that effectively cuts your investment by a third while the value and rental income stay the same.
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.