Renovation calculator
Will a renovation add more than it costs?
Compare what the work costs with the value it adds. The numbers update as you go, and you can change every figure.
Your property
So it saves to the right property in your plan, and a builder can look at it.
What kind of renovation
What it's worth now
Your best estimate, or a recent appraisal.
$
Renovation budget
The total for the work, including materials, trades and any approvals.
$
What it would be worth after
Your figure drives the result. Check what renovated homes nearby have sold for.
$
How you'd pay for it
Interest rate6.5%
4%10%
An assumption. A mortgage broker can tell you what applies to you.
How long the work takes6 months
Interest is counted over this time.
1 month18 months
More detail
Finish and pace
Interest
Notes