Research neighborhoods with growth potential, such as Journal Square in Jersey City, and use data analytics tools to assess profitability.

They can tell you instantly whether the finishes you’re planning push you into a new bracket or just polish your existing one.My Advice: there’s no magic multiplier — you’re blending data with market feel.

There is often a range of value that can be supported with market data, but when providing a single point value, they are rarely going to reconcile to either extremes of that range.

Data, comps, and expert insights give us facts.

Some lenders follow a traditional method, and could lock in your rate on a long term loan, however there are many that will honor terms based on the actual factual data gathered. 

Explore the data yourselfNeed visuals or deeper cuts (ZIP‑code, bedroom splits, etc.)?

Clarity on data and exit beats chasing yield every time.

Albert did cover well the effort (that I claim is comparable to a brrrr with far lower return) and timeline (except sometimes the timeline exceeds 9 months, but it probably should not if the jurisdiction does its part and you have good contractors).NAR provided Nov 2021 data for many large cities of average sale of properties with an ADU versus without an ADU.  

Today, I’m especially focused on housing innovation—particularly ADUs, where design, data, and policy intersect to meet urgent housing needs.Earlier in my career, I trained as a chef and rose through the ranks in high-pressure kitchens, where I developed creativity, precision, and leadership under pressure.

I also eliminate homes sitting on over a half an acre lot since these are usually in the rural part of town or affluent properties on a golf course, lake, etc.I use IDI data primarily and have a contract with them.