Homesage.ai adds renovation costs to home value estimates

Homesage.ai said its AI platform can now give investors both a property’s estimated market value and a room-by-room renovation budget on the same screen for any U.S. residential address. The move is meant to help investors underwrite deals faster, before a contractor walkthrough or offer deadline gets in the way.

Why it matters: - Real estate investors usually need more than a home price estimate to decide whether a deal works. - Homesage.ai is trying to pair valuation, condition and repair costs in one workflow so investors can assess a property before visiting it. - The platform is aimed at helping users judge after-renovation value and potential returns faster than traditional, multi-vendor processes.

What happened: - Homesage.ai detailed an AI platform that delivers two core numbers for a residential property: current market value and an itemized renovation budget. - The analysis can run on any U.S. residential address using Homesage.ai’s database of 155M+ properties. - Blaze Dimov, CEO and founder of Homesage.ai, said an estimated value does not show what an investor will spend to get a house to that value, and that the company’s goal is to close that gap with AI.

The details: - The platform produces a current value estimate supported by recent comparable sales. - It also creates a separate comparable set for after-renovation value, or ARV. - Computer vision reviews listing photos to generate a property condition score. - Investors can upload their own photos for homes they have already visited. - An AI model turns the condition score into a room-by-room renovation budget. - Homesage.ai says the renovation estimate is generated in roughly 30 to 40 seconds. - The platform models fix-and-flip returns, renovation returns, and both long-term and short-term rental income for the same address. - Users can override the list price, ARV or condition rating and rerun the analysis. - Edited fields are flagged, and the original baseline can be restored. - The analysis is packaged in the Full Property Report, which combines valuation, comparables, condition, renovation cost, return projections, rental analysis, market outlook and location risk. - Reports can be exported as PDF or shared with a lender through a read-only link. - The same analysis is available to developers through Homesage.ai’s Real Estate APIs. - Homesage.ai says the product is meant to replace a patchwork of separate tools that often handle valuation, condition and renovation pricing on different timelines. - More information is available on Homesage.ai.

Between the lines: - The pitch reflects a broader shift in property tech toward combining valuation and underwriting instead of treating them as separate steps. - Faster renovation estimates could matter most in competitive markets, where investors have limited time to make offers. - The adjustable inputs suggest the platform is designed not just to produce a single answer, but to let investors test multiple deal scenarios.

What's next: - Homesage.ai is likely betting that investors, lenders and other property professionals will adopt the platform as a one-stop underwriting tool. - The company also appears to be leaning on APIs and report-sharing features to expand use beyond direct end users. - Homesage.ai says it serves investors, realtors, lenders, insurers, contractors, IT developers, PropTech companies and insurance providers through its AI tools, reports and APIs. - The company is based in Washington, DC and analyzes thousands of off-market and MLS listings daily.

The bottom line: - Homesage.ai is pushing beyond a simple home value estimate and into full deal analysis, with AI-driven renovation and return calculations meant to speed up investment decisions.