Renovation and As Completed Value
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.
Clients typically request this service when:
• Applying for construction or renovation financing
• Planning a major renovation or home addition
• Reconfiguring layouts or completing structural changes
• Upgrading kitchens, bathrooms or mechanical systems
• Finishing a basement or adding a legal rental suite
• Preparing for a full rebuild or conversion
• Evaluating potential return on investment
• Assessing fair value for private lending or investor capital
• Selling a property with recently completed improvements
• Working with a builder or contractor on scope and budget
Banks and private lenders commonly require an as completed appraisal before approving renovation or construction funds.
Your renovation appraisal includes:
• 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.
We provide renovation and as completed valuations for:
• 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
For Homeowners
• Planning renovation budgets
• Verifying expected return on investment
• Securing financing or refinancing
• Ensuring project cost aligns with potential value
For Lenders and Mortgage Brokers
• Determining loan amounts for construction and renovation financing
• Assessing borrower equity and project viability
• Protecting against overbuilding relative to the neighbourhood
For Contractors and Builders
• 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:
Mississauga, Brampton, Oakville, Burlington, Milton, Toronto, Vaughan, Richmond Hill, Markham, Pickering, Ajax, Whitby, Oshawa, Hamilton, Ancaster, Stoney Creek, Grimsby, Niagara region, Barrie, Innisfil, Bradford, New Tecumseth and nearby communities.
• 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
• As completed market value estimate
• Comparable sales grid
• Market and neighbourhood analysis
• Renovation scope review
• Clear, structured narrative
• Lender friendly PDF report
• Support for lenders, brokers and financial professionals
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.
