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Home Value Calculator

Estimate how renovations could increase your home's value and calculate your potential return on investment.

ROI Guide

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:

  1. 1
    Immediate rental income: $1,000-$1,400/month
  2. 2
    Home 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
Professional Assessment

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.