What this is, and where the numbers come from.

Raise The Value is a research publication for people who own property or are about to: homeowners, landlords, short-term rental hosts and fix-and-flip investors. We publish one thing, what the data says about what raises the value of a property, in a form you can check.

The mission

Americans spend more than $600 billion a year improving their homes, and most of those decisions are made on instinct and a contractor's opinion. The gap between what people spend on and what the data says pays back is the reason this publication exists. We close it with primary sources, stated methods and exact figures, and we say plainly when the data does not exist.

The standard

  1. Every figure comes from a primary source we checked. A named report, survey or peer-reviewed study, never a summary of one and never a number repeated in a video. If we cannot trace it to its origin, it does not go in.
  2. Every figure carries its method. Who was asked, what was measured, when, and how many. A percentage without those four things is an opinion with a percent sign.
  3. Every figure says "can," not "will." Averages describe other people's properties. They tell you where to look first; your local quotes and comparable sales decide the rest.
  4. Errors are corrected in public. When we find one, we fix it on the page and say so. If you find one, email contact@raisethevalue.com.

How we rank sources

Not all data is equal, so every article tells you which kind it is using. From strongest to weakest:

  1. Transaction and administrative data. Closed sales, listings, public records and government indexes. The strongest evidence: it measures what happened, not what someone estimated.
  2. Federal statistics and peer-reviewed research. Census, HUD, BLS, EIA and university programs, plus studies that passed peer review. Rigorous methods, stated limitations.
  3. Large surveys of buyers and owners. Thousands of actual buyers or homeowners reporting what they did or want. Reliable for behavior and preference; not a price.
  4. Professional-opinion surveys. Real estate professionals estimating what a buyer would pay. The industry standard for renovation return, and always labeled as an estimate.
  5. Commercial and user surveys. Self-selected respondents or a company's own customers. Context only; never the basis for a value claim.

Where the data comes from

The sources we cite today, and the ones our data program is adding. "Cited" means it already appears in a published article.

SourceWhat it measuresMethodTierStatus
Zillow Research
Zillow
Sale-price effects of listing features; renter and buyer behavior; home value and rent indexes (ZHVI, ZORI)Listing descriptions matched to closed prices with controls; large-sample surveys; index methodology published
Ongoing; index data monthly · National to ZIP
1Cited
Energy Efficiency: Value Added to Properties & Loan Performance
Freddie Mac
Sale premium for homes with a HERS energy rating~70,000 rated homes (2013–2017) compared with unrated homes
One-time white paper · National
1Cited
Improving America's Housing
Harvard Joint Center for Housing Studies
Size and shape of the U.S. remodeling market; spending by project type and ownerAnalysis of federal survey data (American Housing Survey and others)
Biennial (2025), plus the quarterly LIRA · National
2Cited
Valuing Curb Appeal
Journal of Real Estate Finance and Economics (Johnson, Tidwell & Villupuram, 2020)
Effect of a property's and its neighbors' curb appeal on sale pricePeer-reviewed; Street View images scored by a classifier and matched to sales
One-time study · U.S. metro sample
2Cited
What Home Buyers Really Want
NAHB, Economics & Housing Policy Group (Eye On Housing, April 3, 2024)
Features buyers rate essential, desirable, indifferent or unwantedNational survey of 3,000+ recent and prospective buyers (2024 edition)
Periodic · National
3Cited
Remodeling Cost vs. Value Report
Zonda Media
Job cost and estimated resale value for 28 remodeling projectsReal estate professionals in 119 U.S. markets estimate the resale value of each project; costs from Verisk XactRemodel
Annual (38th edition, 2025) · National, regional, 119 metros
4Cited
Remodeling Impact Report
National Association of REALTORS® / NARI
Cost recovery and homeowner Joy Scores for interior projects; what Realtors recommend before listingSurvey of 4,005 REALTORS®, 806 homeowners and 177 remodelers (2025)
Periodic · National
4Cited
Remodeling Impact Report: Outdoor Features
National Association of REALTORS® / NALP
Cost, recovery and Joy Scores for outdoor projectsSurvey of 2,620 REALTORS® and 160 landscape professionals (2023)
Periodic · National
4Cited
U.S. Houzz & Home Study
Houzz
Median renovation spend and how homeowners fund itSurvey of 21,889 Houzz users, including 10,981 renovating U.S. homeowners (2025 study, 2024 activity)
Annual · National
5Cited
House Price Index
Federal Housing Finance Agency
Repeat-sales house price indexRepeat transactions on conforming mortgages; published methodology
Monthly / quarterly; annual ZIP-level · National, state, metro, ZIP
1Adding
Home Flipping Report
ATTOM
Flip counts, gross profit and gross ROI by metroPublic-record deed data; gross figures exclude rehab and carrying costs
Quarterly · National, metro
1Adding
Redfin Data Center
Redfin
Median sale price, days on market, sale-to-list ratio, inventoryMLS-derived transaction data; downloadable
Weekly / monthly · National to ZIP
1Adding
Realtor.com Research Data
Realtor.com
Listing counts, list prices, days on marketListing data; downloadable
Monthly · National to ZIP
1Adding
County appraisal rolls
Dallas Central Appraisal District, Tarrant Appraisal District
Property characteristics and appraised values for every parcelPublic records, bulk download
Annual · Dallas–Fort Worth counties
1Adding
Housing Vacancy Survey
U.S. Census Bureau
Rental and homeowner vacancy ratesFederal survey; published sampling error
Quarterly · National, region, state, 75 largest metros
2Adding
American Housing Survey
U.S. Census Bureau / HUD
Housing unit characteristics, condition and improvement spendingFederal survey; microdata
Biennial · National, selected metros
2Adding
American Community Survey
U.S. Census Bureau
Home values, rents, year built, tenure by geographyFederal survey; API
Annual · National to tract
2Adding
Fair Market Rents
U.S. Department of Housing and Urban Development
40th-percentile gross rents by bedroom countFederal calculation from ACS and other data
Annual · Metro, county, ZIP (small-area)
2Adding
Producer Price Index, construction inputs
U.S. Bureau of Labor Statistics
Price trends for lumber, materials and inputs to residential constructionFederal index; API
Monthly · National
2Adding
Electric Power Monthly / RECS
U.S. Energy Information Administration
Residential electricity prices by state; household energy useFederal data; API
Monthly / periodic · State
2Adding
Selling Into the Sun
Lawrence Berkeley National Laboratory
Sale premium for homes with owned rooftop solar~22,000 sales in 8 states, hedonic models
One-time study (2015) · Multi-state
2Adding
Peer-reviewed studies of short-term rental pricing
e.g., International Journal of Hospitality Management (Wang & Nicolau, 2017)
Which listing attributes are associated with nightly priceHedonic regression across tens of thousands of listings
As published · Multi-city
2Adding
Texas Housing Insight
Texas Real Estate Research Center, Texas A&M
Sales, prices and inventory for Texas metrosMLS data compiled by a university research center
Monthly · Texas metros
2Adding
Profile of Home Buyers and Sellers
National Association of REALTORS®
What actual buyers and sellers did: search, financing, features, what sellers fixedAnnual survey of thousands of recent buyers
Annual · National
3Adding
Inside Airbnb
Inside Airbnb (independent)
Snapshot of Airbnb listings: price, amenities, reviews, availabilityScraped public listing pages; listed price, not realized revenue
Quarterly snapshots · Dallas and other cities
5Adding

Four tags

Every article carries exactly one tag, because the same project means different things to different owners.

  • 🏠 Primary Home: you live there. Renovation ROI, resale strategy, and what buyers actually pay more for at closing. For homeowners improving where they live.
  • 🏘 Rental Property: someone else lives there. Upgrades that protect income, attract quality tenants, and reduce long-term maintenance cost. For landlords and buy-and-hold investors.
  • 🏡 Airbnb / STR: guests, by the night. Improvements that drive guest ratings, show up in the listing photo, and reduce turnover friction. For short-term rental operators.
  • 🔨 Fix & Flip: nobody lives there yet. The highest-ROI pre-listing projects sequenced for return per dollar spent. For investors buying, improving, and selling.

How we are paid

Raise The Value is free to read and free to use. When you ask us to, we introduce you to contractors, real estate professionals and licensed mortgage professionals. Nobody pays us for an introduction, and we don't pay anyone for one. We do not quote rates, terms or prices, we do not represent you in a purchase or sale, and we do not originate loans.

Who publishes it

Raise The Value is published by Cedar Real Estate Solutions LLC d/b/a Raise The Value, based in Dallas–Fort Worth. We are an educational media company, not a mortgage lender, mortgage broker or real estate brokerage. Read the Terms of Use and Privacy Policy for the details.

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