"When it comes to home renovation, it's never been easier to pop a few images of your kitchen into an AI tool and ask it to paint the walls a new color or change the cabinets. These tools are fun and helpful for inspiration, but like an unused Pinterest board, often leave users without any actionable path forward. AI has the potential to transform home renovations and the real estate industry at large."
"But we must draw the line between automation and human expertise. For home sellers looking to make the most profit on the sale of their home, AI should absolutely support the renovation process, but it can't replace working with a professional who can advise on budget, timeline and the nuances of every home. A recent survey from Realtor.com found that 82% of Americans are using AI to navigate the housing market."
AI tools simplify visualizing renovations by altering photos to test colors, cabinet styles, and other design ideas, providing inspiration without actionable plans. Morgan Stanley Research estimates AI innovations could generate $34 billion in real estate gains by 2030. Homeowners increasingly use AI for valuation benchmarks—Realtor.com reports 82% of Americans use AI in the housing market and sellers consult tools like Zestimate and Redfin Estimate. AI cannot assess interior conditions or local buyer preferences. Driving renovation ROI is complex; professionals help set budgets, timelines, and limits to prevent scope creep and post-renovation debt (Clever estimates 63%).
Read at www.housingwire.com
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