ilmscore | Real Estate Value-Add Predictions
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Accuracy

Recent Predictions

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Prediction
Author
Predicted at
Status
Video
Investing approximately $5,000 to convert an unheated sunroom into a heated/cooled bedroom (adding 200 sq ft and a bedroom) will increase a property's sale price by $20,000, yielding a $15,000 profit.
"what we were able to do was to move the laundry into the sun room we finished the sun room... we add..."
Feb 26, 2025
Pending
Converting a laundry room into an additional bathroom (while integrating stackable laundry) is an inexpensive way to add significant value and increase demand for a home.
"I have at least 10 times now have converted laundry rooms to bathrooms with the laundry in it... tha..."
Feb 26, 2025
Pending
Renovating a kitchen by painting/staining existing cabinets, adding new hardware, soft-close hinges, a new backsplash, and updated countertops (while staying within the existing footprint) is an inexpensive strategy to significantly increase property value and desirability.
"if you stay within the footprint that's existing... it can be a very almost inexpensive upgrade that..."
Feb 26, 2025
Pending
Converting a single-family home into a multi-family home (e.g., creating a separate unit in a split-wing layout) will significantly increase its value and sale price; a 2,000 sq ft single-family home valued at $250,000-$350,000 could be valued at $350,000-$450,000 as a duplex.
"multifamily homes right now in my market they sell for so much more than single family homes if I we..."
Feb 26, 2025
Pending
Renovating a single-family home in an area transitioning to commercial use, then successfully rezoning and selling it as a commercial property, can lead to substantial profit (e.g., buying for $225,000, renovating for $100,000, and selling for $1,000,000).
"you can look for where the city wants to build more commercial where there's current residential and..."
Feb 26, 2025
Pending