What home improvements add the most value in your zipcode?
This Cost Vs Value tool allows you to see the home improvement cost of a project and the value it adds to a property based on the zip code
Why is it important to find the home improvements that add value?
Helps you to budget and choose wisely.
Helps you on how to increase the value of any property.
Allows the realtors to help increase the value of a property for sale.
Discover top 5 home remodeling projects with the best ROI in your neighborhood
Why Kukun's Cost vs. Value tool?
Primary Data
We consider various selling prices of a house on MLS, and check to see if any home renovations were made between two sales of the house.
Data Pre-processing
Since different data points (permits, schools, hospitals, etc.) have different formats, we figured out a way to extract and process all relevant information. The data from different sources is then standardized and normalized.
Secondary Data
We collect a range of geographical data – such information about schools, hospitals, malls, crime rate, neighborhood, and economy – that may influence the ROI.
Algorithm
Our algorithm pipeline involves data processing, feature engineering, and a learning function that predicts ROI.
Overall, we consider four sets of details for each home renovation record
House details: Basic information about house, year built, house configuration (#bedroom, #bathroom), size, etc.
Neighborhood details: A range of information related to schools, hospitals, malls, walk-score, crime rate, etc.
City level details: Economy, average family income, employment rates, etc.
Home Renovation details: Permit description, permit cost, permit date, etc.
