Agreed to As-is Value: $800,000
Renovation Cost: $160,000
Sale Price: $1,210,000
Net Increase in Value: $250,000
For every $1.00 spent on renovations, home value increased by $2.56
Homeowner Bonus: $125,000

Added 1/2 bath and converted downstairs bedroom and bath to an in-law suite. New kitchen, new baths, flooring, paint, landscape, lighting, some heavy electrical work with a new underground electrical service.