BuildWorksYour property decision
SampleSample property, used to demonstrate the decision. Not a real address, tenancy, quote or market appraisal.

What should we spend on this unit between tenancies?

2-bedroom rental condo
Tenancy ending — preparing to re-let
Recommended

Do the Rental Optimization before you re-list

Renew finishes intended to support a higher achievable rent.

Approve this plan

Releases the work package and locks the costed scope.

Why we recommend this

The market supports $2,300.00/mo

A rental comparison confirmed it. That clears the $159.73/mo of extra rent this option has to earn to beat Minimum Turn / Repair.

It is the only option that pays for itself

$533.33 ahead over 24 months. The next best option, Do Nothing / Defer, leaves you -$633.33.

Checked on site: localized flooring repair viable — Yes

Someone went and looked, so this is not an assumption.

It deliberately leaves work out

Not in this plan: Cabinet replacement; Permit-triggering work.

It matches what you asked for

Return the unit to market quickly while deploying capital only where expected rental value justifies it.

Your options

Same property, same method, three ways to spend.

Do Nothing / Defer

Complete only mandatory turnover touchups and defer elective renewal.

Upfront
$500.00
Off the market
2 days
Rent after
$2,000.00/mo
Net after 2 years
-$633.33
Lowest upfront cost · Does not pay for itself within the horizon

Minimum Turn / Repair

Restore rent-ready condition with targeted repair and paint.

Upfront
$2,500.00
Off the market
5 days
Rent after
$2,075.00/mo
Net after 2 years
-$1,033.33
Does not pay for itself within the horizon
Our recommendation

Rental Optimization

Renew finishes intended to support a higher achievable rent.

Upfront
$6,000.00
Off the market
10 days
Rent after
$2,300.00/mo
Net after 2 years
$533.33
Best position over the horizon
Every figure is calculated the same way for all three options, so they are genuinely comparable.

What it costs, what it returns

Upfront capital
$6,000.00
The whole package
Rent today
$2,000.00/mo
From the lease on file
Rent after the work
$2,300.00/mo
Supported by the rental comparison
Rent lost while empty
$666.67
10 days at today's rent
Extra rent over 24 months
$7,200.00
Above what you collect today
Net gain after everything
$533.33
Extra rent, less the spend and the empty weeks
Held back for surprises
$500.00
Inside the capital figure above
We do not publish a payback period or a rate of return from a package estimate — that would imply a precision this evidence does not support.

What would change this

BuildWorks keeps the things that could flip the answer in front of you instead of burying them in an estimate.

If the market will not pay $159.73/mo more than minimum turn / repair
The recommendation moves back to Minimum Turn / Repair.
Checked and confirmed
Fixture pricing remains representative, not a firm quote
Prices firm up when a trade quotes the scope.
Known limitation of a package estimate
If the work runs longer than 10 days
Every extra empty day costs you rent; 10 days already costs $666.67.
Planned, not contracted

The work

Needed to re-let the unit

This trade has to be touched whichever option you pick.

  • Full repaintPaint
  • Flooring renewalFlooring
  • Deep cleanCleaning

Upgrade — only in the recommended plan

This is the elective part that the extra rent has to justify.

  • Lighting/fixture refreshElectrical

Carried as an allowance

Budgeted, but the final price lands when a trade quotes it.

  • FlooringAllowance
  • FixturesAllowance

Deliberately not in this plan

Left out on purpose, not forgotten.

  • Cabinet replacementExcluded
  • Permit-triggering workExcluded
The package is priced as a whole, not line by line. BuildWorks does not publish per-item pricing it does not have.

What this is based on

Every item is marked: Verified · Provided · Estimated · Needs confirmation · Missing.

Condition of the property

  • Provided
    Interior paint worn — Yes
    On file
  • Provided
    Flooring wear present — Yes
    On file
  • Verified
    Localized flooring repair viable — Yes
    Confirmed by a check we commissioned

Property and tenancy

  • Provided
    Tenancy ending — Yes
    On file

Rent and market

  • Provided
    Current monthly rent — $2,000.00/mo
    On file
  • Verified
    Verified optimized monthly rent — $2,300.00/mo
    Confirmed by a check we commissioned

What you told us

  • Provided
    Your objective
    Return the unit to market quickly while deploying capital only where expected rental value justifies it.
  • Provided
    Your constraint
    Avoid speculative renovation
  • Provided
    Your constraint
    Target <=10 days planned downtime
  • Provided
    Your constraint
    No permit-triggering scope in this slice
5 source record(s) sit behind this. BuildWorks keeps what a document says separate from what it worked out, and never promotes one into the other.

Approve this plan

  1. Approve the plan
    Releases $6,000.00 of work against a costed scope you can check line by line.
  2. Book the window
    10 days of planned downtime before re-listing.
  3. Get the scope quoted
    Firm pricing replaces the package estimate and the plan updates itself.

Releases the work package and locks the costed scope.