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Repair Estimate Form (Contributory Value Assessment)

Repair Estimate (Contributory Value Assessment)

Use this worksheet to document the full scope of work needed for the subject property, including exterior and, when applicable, interior repairs. The combined repair budget will be used to estimate total project cost and its impact on the property’s current and after-repair value.

General Property Info

Why this matters to you:

This section clearly identifies the subject property for your repair estimate and PCR. A complete address (with unit, city, state, and ZIP) ensures that your exterior inspection, photos, and value conclusions are tied to the correct parcel and can be cross-checked against MLS, public records, and client files. Accurate property info reduces confusion, supports compliance, and helps clients match this report to their internal records.

Property Condition Assessment

Why this matters to you:

This section documents both the current and proposed use and condition of the subject. These inputs drive whether an exterior-only or full repair estimate is appropriate, what level of ARV potential is realistic, and how your repair budget will be interpreted by clients, lenders, and appraisers. Clear property type and condition ratings help align expectations about risk, scope of work, and expected marketability after improvements.

Select the current use or occupancy type for the subject.

Select the planned or target use after repairs or redevelopment.

Select the condition based on exterior observations and available information.

The goal is to bring the property to at least an Average rating (e.g., Average, Good, or Excellent).

Project Repair Summary & Market Support

Why this matters to you:

This section connects the repair plan (exterior-only or full interior + exterior scope) to the neighborhood market. Your project summary explains what work is planned, while the market narrative explains why those repairs matter for curb appeal, buyer expectations, and resale value. Together, they help clients see how the recommended work supports the project’s feasibility, ARV, and marketing strategy.

Summarize the key issues observed and the intended scope of work. Note whether this is an exterior-only scope or a full interior + exterior repair plan (e.g., roof, siding, steps, windows, interior finishes, systems, safety hazards, functional obsolescence).

0/1000

Briefly explain how the subject’s current condition compares to nearby homes and how the proposed scope of work aligns with local market expectations for achieving typical or competitive market appeal (exterior-only or full rehab).

0/1500

IMPORTANT NOTICE: Scope of Assessment

This report is a limited, visual, and non-invasive assessment for property assessment purposes only. The agent conducting this assessment is not acting as a licensed Home Inspector. Repair costs provided are planning-level estimates and are subject to change based on actual contractor bids, code requirements, and detailed inspections.

Exterior Repair Assessment

Exterior Repair Estimates (Line-Item Budget)

Use this section to document exterior-only repair items observed during the inspection. Interior repairs, if included in this report, are recorded separately in the Interior Repair Estimates section.

Why this matters to you:

This section converts your visual exterior observations into a line-item repair budget. Each item you enter helps clarify what work is needed, while the exterior total is later combined (if applicable) with interior repairs to calculate total project cost, net profit, and ROI in the Feasibility section and on the final PDF. A clear, categorized repair list makes it easier for clients, contractors, and lenders to understand the scope, negotiate pricing, and plan next steps.

Total Cost of Estimated Exterior Repairs:
$0.00

Interior Repair Assessment (Optional)

Interior Repair Estimates (Line-Item Budget)

Use this section to document interior repair items when the assignment includes interior access. If interior access was not available or the scope is exterior-only, leave this section disabled using the toggle below.

Check this box if you inspected the interior and want to include interior repair line items. When enabled, interior repair totals are combined with exterior repairs to calculate total project cost, net value impact, and ROI. Leave unchecked for exterior-only assessments.

Why this matters to you:

This section converts your interior observations into a line-item repair budget. Each item you enter helps clarify what interior work is needed (rooms, finishes, systems), while the interior total is combined with exterior repairs to show total project cost, net contributory value, and ROI on the feasibility worksheet and final PDF. A clear, categorized interior list helps clients, contractors, and lenders understand the full rehab scope and prioritize spending.

Total Repair Cost Summary

This section combines the exterior and, when applicable, interior repair estimates into a single total project repair cost. This combined figure is used in the feasibility and value impact calculations and is highlighted on the final PDF for client review.

TOTAL COST OF ESTIMATED REPAIRS (Interior & Exterior):
$0.00

Estimated Current Value — Comparable Evidence (Current Condition)

Add 1–5 references (sold/active) supporting the subject’s current condition value.

Why this matters to you:

This section establishes the “before” value. By providing comparable sales or listings (comps) for properties in similar “as-is” condition, you are documenting the subject’s market value before any repairs are made. This “Current Condition Value” is the baseline for calculating the project’s potential profit and ROI in the feasibility section.

List the main data providers/tools used to support your estimate.

Explain how these comps support your current-condition value (e.g., PPSF, condition vs. subject, location/time adjustments).

0/800

Est. After Completion Value — Comparable Evidence (Proposed Condition)

Add 1–5 references (sold/active) supporting the subject’s after completion value for the proposed plan.

Why this matters to you:

This section establishes the “after” value. By providing comps for properties that are already in the target condition (e.g., renovated, updated), you are documenting the subject’s potential market value after all recommended repairs are completed. This “After Completion Value” is the most critical number for determining the project’s feasibility and potential profit.

List the main data providers/tools used to support your after-completion estimate.

Briefly explain how these comps support your after-completion value (e.g., PPSF, quality level, age/renovation, location/time adjustments).

0/800

Feasibility & Contributory Value Inputs

Enter your reconciled current-condition value and after-completion value. These will be combined with the total repair cost to model gross value gain, net contributory value, and ROI.

Why this matters to you:

This is the final calculation. This section connects your total repair cost to your current and after-repair value estimates. The results (Net Contributory Value and ROI) are the key metrics your clients need to judge the project’s financial feasibility and potential profit.

Estimated ROI
0.00%
Gross Value Gain
$0.00
Net Contributory Value
$0.00