ShopProp Tools: Renovation ROI Calculator

Property & Market Details

City/Region:

Zip Code:

Neighborhood Quality:

Property Age (years):

Property Type:

Property Size (sqft):

Current Home Value ($):

Renovation Details

Kitchen Remodel

Cost ($): Renovation Quality: Current Condition:

Bathroom Remodel

Cost ($): Renovation Quality: Current Condition:

Landscaping

Cost ($): Renovation Quality: Current Condition:

Other Renovations

Cost ($): Renovation Quality: Current Condition:

Interior Paint

Cost ($): Quality:

Exterior Paint

Cost ($): Quality:

New Flooring

Cost ($): Quality:

Yard Improvements

Cost ($): Quality:

Pre-Sale Improvements

Decluttering Cost ($):

Professional Staging Cost ($):

Vacancy Status:

Deep Cleaning Cost ($):

Things to Consider

Payback Period: How long will it take to recoup your investment?
Local Market Trends: Consider recent comparable sales and neighborhood dynamics.
Essential Updates vs. Luxury Upgrades: Some improvements are necessary for maintenance while others enhance appeal.
Financing & Opportunity Cost: Consider how you'll finance improvements and alternative investments.
Tax Incentives: Check for any local incentives for energy efficiency or home improvements.
Impact on Lifestyle: Consider how these updates improve daily living.
Seller vs. Buyer Perspectives: While there are no large-scale studies that prove staging a home helps sell at a higher price or faster, decluttering and getting your home in show condition does. "Show condition" means deep cleaning, a fresh coat of paint if needed, updated flooring, and sprucing up the yard.
Consult ShopProp: Use this tool as a guide, but also consult ShopProp for detailed estimates. We have members of our team that actively flip and do major remodels and can help with estimates.

Seller Net Proceeds Calculator

Estimated Sale Price ($):

Estimated Closing Costs ($):

Agent Commission:

Renovation Cost ($):

Outstanding Loans ($):

Buyer Profit & Equity Calculator

Purchase Price ($):

Total Renovation Cost ($):

Projected Post-Renovation Value ($):

Renovation ROI Calculator

Property & Market Details

Renovation Details

Kitchen Remodel

Bathroom Remodel

Landscaping

Other Renovations

Interior Paint

Exterior Paint

New Flooring

Yard Improvements

Pre-Sale Improvements

Things to Consider

Seller Net Proceeds Calculator

Buyer Profit & Equity Calculator

AI Renovation Advisor Chat