Edmonton-Area Appraisal Reno Calculator

Weighing value is the job of Edmonton appraisers; Aura Appraisals

Renovation Return Estimation Tool

A Handy Guide to “Guess-timating” Reno Costs and Values

This renovation guide can help you decide which upgrades are the best fit or you, your life goals and your budget. It is offered as a “ballpark” guide, providing approximate ranges, only. Home values and returns on renovation investments are dependent on factors like size, location, neighborhood and most importantly; the quality of workmanship and materials.

For a comprehensive valuation of your home and or renovation project, consult with a professional appraiser for a cost-benefit valuation. An AIC valuator can identify the value of your home prior to the renovations being undertaken and provide a projected valuation based on your anticipated renovation plans. Homeowners can saveĀ  time, money and frustration by calling an appraiser first, even before the designer, contractor and architect.

This list shows the type of upgrade, estimated cost, percentage range of the return and the expected return range in dollars.

Renovation Return Calculator

 

Renovation Expected Cost % Return Expected Return
Basement Development $30,000 50% – 75% $15,000 – $20,000
Bathroom Renovation $5,000 75% – 100% $3,800 – $5,000
Central Air Conditioning $5,000 25% – 75% $1,250 – $3,750
Install a Fireplace $4,000 50% – 75% $2,000 – $4,000
Flooring Upgrade $10,000 50% – 75% $5,000 – $7,500
Heating System Upgrade $5,000 25% – 75% $1,250 – $3,500
Kitchen Renovation $20,000 75% – 100% $15,000 – $20,000
Landscaping $5,000 25% – 50% $1,250 – $2,500
Exterior Paint $3,000 50% – 100% $1,500 – $3,000
Interior Paint $3,000 50% – 100% $1,500 – $3,000
Swimming Pool $40,000 0% – 25% None – $10,000
Windows & Doors $20,000 50% – 75% $10,000 – $15,000
Roof Shingles $6,000 25% – 75% $1,200 – $4,500
Build a Deck $2,000 25% – 75% $500 – $1,500
Build a Garage $30,000 50% – 75% $15,000 – $20,000
Build a Fence $5,000 25% – 50% $1,500 – $3,000
Install a Skylight $1,500 0% – 25% None – $375
Paving Stone Driveway $10,000 25% – 50% $2,500 – $5,000
Asphalt Paving $5,000 25% – 50% $1,250 – $2,500
Exterior Siding $6,000 25% – 75% $1,500 – $4,500
Home Theatre Room $4,000 25% – 50% $1,00 – $2,000
Whirlpool tub $3,000 0% – 50% None – $1,500

service area

  • Edmonton
  • Sherwood Park
  • St. Albert
  • Fort Saskatchewan
  • Spruce Grove
  • Stony Plain
  • Leduc
  • Beaumont
  • Devon
  • Calmar
  • Rural Properties within 50 miles of Edmonton

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