Appraisal valuations and increase property values

[Eric Chang]

I've done some BRRR deals to add value to my properties with good success for properties in Southern Alberta.

I'm curious if there's any appraisers/flippers here can comment on:

1. Other than using comps, how are properties valued?

2. What kind of improvements contribute to the house value the most?

I've done a combination of kitchen, bathroom renos and adding bedrooms, basement suites, etc. Would be interested to learn what are the best bang for the buck for renovations or flips.

Cheers!