When you make certain improvements to your home – such as increasing the habitable area by adding an ADU or converting a basement to an extra living space – we want you to keep 100% of the market value added through these improvements. We call this a Positive Adjustment.
The value of the upgrade is determined when you exit the partnership. The value is determined by an independent appraiser, who reviews key documentation including photographs, permits, and so on.
If you plan on doing major renovations to your home, we ask that you let us know beforehand so that your renovation will be considered eligible for Positive Adjustment, and so you can gather all the appropriate documentation.