Definition
An investment strategy involving physical or operational improvements to increase income and value.
Example
The value-add plan renovated units on turnover, capturing a $185 monthly rent premium.
Related terms
Frequently asked questions
What does Value-Add mean in real estate?
An investment strategy involving physical or operational improvements to increase income and value.
How is Value-Add used in practice?
The value-add plan renovated units on turnover, capturing a $185 monthly rent premium.
This definition is provided for educational purposes. Legal and tax terminology can carry jurisdiction-specific meaning — confirm with a licensed professional before relying on it in a transaction.