See How Three Renovations Could Transform This New York Home

terrace renovation before and after

For renovation enthusiasts, few things are as exciting as a property listing that could use a little TLC – unlocking a home’s hidden potential with a few improvements provides an unparalleled thrill. At Kukun, we know that feeling well. And since we can’t buy up and renovate every property that gives us that reno-thrill, we’ve taken to using our tools to create virtual renovations that show what a home could be, how much those projects would cost, and their potential return on investment. We’ve already virtually renovated a headline-making disaster property and a Sunnyvale, California home. This time around, we’re taking on a Tappan, New York, listing with a $429,000 foreclosure pricetag. Check out the before photos and the expert renderings, and see what home renovation can do to this house – as well as your own home.

What would renovating cost, and is it worth it?

These are two of the most common questions renovators face. It’s difficult to know if a home improvement project is worth taking on without having an idea of the price tag before you start the bidding process, and determining how projects will alter the value of your home is often nearly impossible. For this virtual renovation, we took a look at the kitchen, a bathroom, and the terrace. Using Kukun’s Personalized Estimate and Projected Home Value tools, we calculated the cost and ROI for these three projects.

Bathroom:

Estimated cost: $29,900

Estimated equity gain: $20,900

Bathroom before

Bathroom renovation after

Image credit: Arq. Mariana Bautista

The different elements of a renovation play important roles in its overall cost and ROI. With our Personalized Estimate feature, you can select different finish levels (Good, Better, or Best) for each part of your renovation, from HVAC to paint. For this bathroom renovation, the following finish levels were selected:

  • Overall renovation level: Best
  • Remodel or addition: Remodel (this means that we’re not adding square footage to the home).
  • Room size: Custom, 8’x14′ = 112 sq.ft.
  • Demolition: Best
  • Plumbing: Best
  • Plumbing fixtures: Best
  • Electrical: Better
  • Lighting: Best
  • HVAC: Good
  • Drywall: Best
  • Paint: Good
  • Countertops & cabinets: Best
  • Flooring: Best
  • Trim: Better
  • Tile work: Best

Kitchen:

Estimated cost: $18,400

Estimated equity gain: $15,600

Kitchen before

Kitchen renovation after

Image credit: Arq. Mariana Bautista

Finish levels for project elements:

  • Overall renovation level: Better
  • Remodel or addition: Remodel
  • Room size: Medium size (10’x14′), no room increase
  • Demolition: Good
  • Plumbing: Better
  • Plumbing fixtures: Better
  • Electrical: Better
  • Lighting: Better
  • HVAC: Good
  • Drywall: Better
  • Paint: Better
  • Countertops & cabinets: Best
  • Flooring: Best
  • Trim: Best

Terrace:

Estimated cost: $11,300

Estimated equity gain: $11,300

Terrace before

Terrace renovation after

Image credit: Arq. Mariana Bautista

Finish levels for project elements:

  • Overall renovation level: Best
  • Remodel or addition: Remodel
  • Room size: Medium, no increase
  • Demolition: Best
  • Electrical: Best
  • Lighting: Best
  • HVAC: Good
  • Drywall: Good
  • Paint: Best
  • Flooring: Better
  • Trim: Best

Ready to see what your renovation project will cost, and how it will alter the value of your home? Thinking of buying a home that could use a little fixing up, but not sure how much money you’ll have to put into it? With our Personalized Estimate and Projected Home Value tools, you can find the answers to these questions in just a few clicks.

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