Renovation and As Completed Value Appraisals
Independent valuations that estimate the expected market value of your home after planned renovations, additions or full rebuilds. Used for financing, construction planning and strategic investment decisions across the GTA and surrounding areas.
Overview
A renovation or addition can significantly change what a property is worth, but lenders and investors usually want to see the numbers before they release funds.
A renovation or as completed appraisal provides a clear estimate of what your home should be worth once the planned work is finished. Advanced Appraisals delivers professionally supported ARV valuations that help homeowners, builders, investors, and lenders understand the financial outcome before construction starts.
When You Need a Renovation or As Completed Appraisal
Banks and private lenders commonly require an as completed appraisal before approving renovation or construction funds.
What We Provide
Independent estimate of as completed market value
Analysis of proposed renovation scope and specifications
Comparable sales of homes that mirror the planned outcome
Adjustments reflecting anticipated quality and finish level
Market condition and neighbourhood analysis
Clear commentary explaining the valuation logic
Review of plans, drawings or contractor quotes
Optional site inspection before and after construction
Support for lenders, contractors and financial advisors
The final report is structured, transparent and easy to understand.
Renovation Types Covered
Full home remodels
Additions and structural expansions
Kitchen and bathroom renovations
Basement finishing
Legal suite construction
Major mechanical upgrades
Exterior remodels and curb appeal improvements
Home stabilization and repair projects
Luxury and custom rebuilds
Duplex or triplex conversions
Garage additions and secondary units
Full teardown and rebuild valuations
How We Determine As Completed Value
Review of renovation plans and specifications
We examine the scope of work, materials, layout changes, and the intended construction level.
Market research based on the anticipated finished product
We identify comparable sales that resemble the expected post renovation condition.
Valuation modeling
We use a combined approach of market comparison and adjustments tied to quality, size, and buyer demand.
Reconciliation and final value estimate
We conclude a supportable as completed value that lenders, investors, and advisors can rely on.
Common Use Cases
For Homeowners
- Planning renovation budgets
- Verifying expected return on investment
- Securing financing or refinancing
- Ensuring project cost aligns with potential value
For Lenders & Brokers
- Determining loan amounts for construction/reno financing
- Assessing borrower equity and project viability
- Protecting against overbuilding relative to the neighbourhood
For Contractors
- Helping clients understand the financial impact of their project
- Providing lenders with required documentation
For Investors
- Evaluating BRRRR strategies
- Identifying value uplift opportunities
- Supporting private lending and joint venture deals
Service Areas
We provide renovation and as completed valuations across the GTA and surrounding areas including:
Why Clients Choose Advanced Appraisals
Independent and standards compliant
Clear understanding of how renovations influence value
Strong experience with custom builds and luxury upgrades
Reports that satisfy lenders, planners and private investors
Accurate comparable selection matched to post renovation condition
Local expertise across all major GTA markets
What Clients Receive
Renovation Appraisal FAQ
Why do lenders ask for an as completed appraisal?
Because they want to see what the property should be worth after the renovation before they decide how much to lend.
Can you appraise a home before the renovation has started?
Yes. We review your plans, specifications and materials to estimate the as completed value.
Do you look at contractor quotes or drawings?
Yes. We use drawings, scope documents and quotes to understand the planned level of finish and work.
Will my renovation cost match the increase in value?
Not always. Our job is to show the expected market reaction, which may be higher or lower than the total cost.
Can this appraisal be used for both financing and planning?
Yes. Many clients use the same report to secure financing and to refine their project scope.
Do you re-inspect when the project is complete?
We can. Some lenders request a final inspection to confirm completion.
Is this the same as a contractor estimate?
No. A contractor estimate focuses on cost. Our appraisal focuses on market value after the work is done.
Can investors use this for BRRRR strategies?
Yes. Investors regularly use as completed value to plan purchase, renovation and refinance steps.
