Does this renovation actually add value?
Most homeowners assume they'll recoup the cost at resale. Most don't. See the honest math, including financing costs and what that cash could have earned instead.
✓ All calculations happen in your browser — we never see your numbers
How are you paying for it?
Before vs. after
Current value
$400,000
After renovation
$425,000
Cost
$35,000
Net (before financing)
-$10,000
You spend $35,000 to gain $25,000 in value. That's a $10,000 loss — before financing costs and opportunity cost.
Including those: -$21,838 behind
Not worth it — by the numbers.
After financing costs and opportunity cost, this renovation comes out $21,838 behind. That doesn't mean don't do it — plenty of renovations are worth doing for how you'll actually live in the home, not for resale math. It just means don't expect to get this money back.
Renovation ROI estimates vary enormously by source, region, and market conditions — this verdict is only as good as the value-increase estimate you entered.