How is the home improvement data calculated?

Hanley Wood, a provider of housing development market data, is the source of the home improvement data that supports RPR’s “Refine Value Based on Home Improvement” functionality on the Property Details page. Hanley Wood is known for collecting and aggregating residential and commercial construction data, and for publishing magazines such as Remodeling.

The home improvement data is produced at a regional level for the most accurate results. The data is updated annually.

You can learn more about Hanley Wood's remodeling data.

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Comments

  • Avatar
    Mike Bentson

    Is there any reference for the definitions of these improvements?  Primarily the difference between mid-range and upscale? 

  • Avatar
    Janine Sieja - Product Mgt

    Yes, if you select a particular improvement you will see its definition. For instance, if the home has a mid-range bathroom remodel, the Hanley-Wood data assumes that the project was something like this:

    "Update an existing 5-by-7-foot bathroom that is at least 25 years old. Replace all fixtures to include 30-by-60-inch porcelain-on-steel tub with 4-by-4 ceramic tile surround; new single-lever temperature and pressure-balanced shower control; standard white toilet; solid surface vanity counter with integral double sink; recessed medicine cabinet with light; ceramic tile floor; vinyl wallpaper."

    If the home has an upscale bathroom remodel, the work is assumed to be along these lines:

    "Expand an existing 5-by-7-foot bathroom to 9 by 9 feet within existing house footprint. Add another window bringing total glazing area to 30 square feet. Relocate and replace tub with custom 4-by-6-foot dual shower with top-of-line fittings and full-body-wash shower wall, tile and glass block surround, glass door. Relocate toilet into a partitioned area and replace it with a one-piece color unit. Add bidet. Add medium-range stone tops in custom vanity cabinet with twin designer undermount sinks; polished nickel faucets. Add linen/towel storage closet. Ceramic tile floor, papered walls, hardwood trim. Add general and spot lighting and a humidistat-controlled exhaust fan."



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