Cosmetic Renovation:
Basic updates to improve aesthetics without
addressing major repairs or systems, ideal for quick refreshes (e.g., painting walls,
replacing light fixtures, upgrading hardware such as cabinet knobs, and deep cleaning)
Cosmetic-Plus:
Covers all cosmetic renovation updates plus small
improvements (e.g., cabinet repairs, small plumbing fixes, adding new countertops, replacing
outdated appliances, new flooring, or repairing minor cosmetic issues).
Medium Renovation:
Extensive updates involving partial system and
structural improvements, and a focus on key areas like kitchens and bathrooms (e.g., kitchen
remodel, bathroom remodel, HVAC servicing, and minor structural repairs, addressing minor
plumbing or electrical repairs, refinishing hardwood floors).
Major Value-Add Rehab:
Significant renovations to transform the property
and increase value, involving system upgrade. Great for older homes or properties with
outdated designs (e.g., full kitchen and bathroom remodels, HVAC replacement, roof or siding
repairs, layout adjustments).
Full Gut Renovation:
Complete overhaul requiring replacement of all
major systems and structural elements. Best for properties in poor condition or with
outdated infrastructure (e.g., stripping down to the studs, rebuild framework, new
roof/windows, replacing electrical and plumbing systems, new HVAC installation, rebuilding
interiors, reconfigures layouts, and structural repairs).