Get the most out of your biggest asset: your home

What is property potential?

The maximum value your home could be worth.

$580,000
$417,000
+$35,500 since purchase
  • Estimated current value
  • Estimated potential value
What is property potential?

The median home has an additional 2,010 buildable square feet and an untapped $175,900 of potential value. You can tap into that value by understanding:

  • How many additional square feet are you allowed to add?
  • How much could you earn from renting out your extra space?
  • How could you optimize your living space?
  • How much equity is available for you to access?

Here’s why it’s a big deal.

Your home is likely your single biggest asset. If you make the right decisions, it can make you happy and make you money. But it all starts with understanding what’s possible.

What impacts potential

When calculating potential, we aggregate publicly available data from past real estate transactions, tax assessments, and building permits. We’ve also researched your local city policies which allows us to map out the specific number of square feet you’re allowed to develop. The data that most impacts potential is:

Property History

What you paid for the property and things you’ve upgraded since living there.

Neighboring Homes

What your neighbors have done to their properties and how that has impacted their home value.

Possibilities

What projects and improvements you are allowed to do based on your local regulations.


It’s all designed to help you get more out of your property.

But not everyone’s goals are the same. Are you moving soon and want to sell your home for as much as possible? Do you want to make your home more enjoyable? To achieve your goal, you need the right strategy.

Maximize home value

Maximize home value

Improve living space

Improve living space

Earn rental income

Earn rental income

Create the best backyard

Create the best backyard
Enter your address to explore these strategies for your property

Property potential’s best-kept secret: equity.

For most Americans, home equity makes up over half of their total assets. That’s why using your home equity is usually the most affordable way to access funds for projects.

But what’s the right amount to access without driving up your interest rate? Figuring this out sounds more difficult than it is, so we’re here to help.Check out your Property Plan for personalized insights.

Once you’ve chosen a strategy, it’s time to get specific.
Add more space

Consider a home addition.

Square feet is the number one driver of home value and often the biggest source of potential value. Let us help you find the balance between project cost and estimated value increase.

Log in to your Property Plan to learn more.
Convert existing space

Make room for your in-laws.

Converting a garage or attic into liveable space is a great option for a growing family. Adding 1 bed / 1 bath to your home increases property value by $49,500 on average.

Log in to your Property Plan to learn more.
Build a backyard home

Use your extra space to generate rental income.

Many cities allow you to build an Accessory Dwelling Unit (ADU) on your property. We can help you sift through your local regulations and calculate expected rental income from a backyard home.

Log in to your Property Plan to learn more.
Renovate the kitchen

Paint your cabinets.

Updated kitchens can help you to sell faster, but this can quickly become expensive. You’ll want to detail out a budget, think through where to splurge and where to save, and explore your financing options before getting started.

Log in to your Property Plan to learn more.
Renovate the bathroom

Update your countertops.

If you’re considering making some cosmetic changes to your bathroom, it’s often one of the cheaper projects to tackle. Plus, our data shows that making cosmetic updates to your bathroom has an average ROI of 75%

Log in to your Property Plan to learn more.
Add a pool

Host your dream backyard parties.

Pools are fun for parties, but not for your bank account. They have lots of hidden expenses such as energy bills, chemical treatments, and additional insurance costs. Think twice before splurging on this upgrade.

Log in to your Property Plan to learn more.

FAQ

What is the Realm Score and how can I get mine?

Your Realm Score helps you understand how much of your property’s potential you’ve already tapped into, both in terms of home value and livability. Look up any address at myrealm.co to find its Realm Score. It’s calculated on a standardized scale of 0-1,000 and is easy to use to compare properties as it only takes into account the things you are able to change about your property.

What types of home remodeling projects can Realm help me with?

Realm provides local project cost estimates as well as property-specific ROI estimates for home upgrades (kitchen remodel, bathroom remodel), adding space (home addition, garage conversion), and installing amenities (pool, deck, landscaping).

Does Realm cost anything to use?

Realm is free to use. You can access property-specific ROI calculations for a variety of projects in your free Realm Dashboard after creating an account. You can add as many properties as you’d like to your dashboard.

What data does Realm use for its home value estimator?

Our home value estimator uses both categorical and numeric data about your property to estimate its value. We’ve aggregated thousands of data points from a variety of sources including tax history, building permits, zoning regulations, listing price history, and listings photos.

Get your Realm Score

We currently cover most standalone, single family homes.