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 save 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.
If you are considering a major renovation which will significantly impact the value of your home, Aura's agents can help. We can estimate your dwelling's current valuation as well as the value it will have after planned work is complete. This will satisfy your lender his money is well invested in the increasing value of your home.