Catherine BellEmpowering Women to Create Financial Freedom Through Passive Income, Real Estate, and Social Impact

Renovations: Will You EVER Make Your Money Back? #shorts

25 Jun 2026 · 1 min

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In this short segment, the speaker evaluates whether a homeowner can recoup renovation expenses. They illustrate a scenario where a property was purchased for $380,000 and $60 per square foot was spent on upgrades, raising the total to about $440,000. A strong comparable sale at $475,000 would only yield a $35,000 profit, or roughly $35 per square foot, which the speaker deems insufficient to justify the investment. The speaker also references the broader market, noting that the as‑is residential value for the neighborhood tops out at $1.75 million, and stresses the importance of realistic pricing expectations and adjusting buyer value accordingly.

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Spending that money on it though, wouldn't— you'd never get it back because if you bought it at $380,000 and then you put, you put $60 a square foot into it, now you're at $440,000. So, and $475,000 is your strong comp supports at $440,000. So you're only gonna make $35,000, $35 a square foot. Yeah. No, not really worth it. Not worth it. Don't touch it. Right. So then you gotta go another direction, but that's if we're able to come in. And get them to be realistic about the numbers they're at. So they are at the top line, shows it right there. $1.75 million is the top line for as-is residential value in that neighborhood. So adjusting the residential buyer value, those are right here, how to do that.