Project Details

The client sought a solution that would allow homeowners and renovators to connect on a single platform, enabling homeowners to visualize post-renovation outcomes and obtain quotes.

Problem

• Previously, the client had to be physically present at venues where homeowners and renovators met, resulting in issues with uniform pricing.
• Homeowners often changed their minds about renovations, leading to a 40% turndown rate.
• This caused revenue losses, as site visits for renovators cost between $200-$300 on average.
• Additionally, many homeowners were merely seeking quotes, incurring unnecessary costs and time for the business and renovators.
• Discovering renovators was also challenging for homeowners, as credentials and past work were not recorded online.
• A major challenge was deriving renovation costs. The client wanted a platform where users could view post-renovation visuals of their property. problem

Our Approach

• We developed functional iOS and Android apps that enabled homeowners to discover renovators and obtain quotes on the same platform.
• An AR/VR-enabled app was created to allow homeowners to capture the renovation area.
• The app calculated the area to be renovated and provided cost estimations automatically, eliminating the need for exact measurements.
• The AR/VR component allowed homeowners to visualize the post-renovation look of their property.
• Renovators could log in, view the captured images, and digitally renovate them using the app, providing homeowners with a real-time view of the property post-renovation.
• This eliminated the hassle of site visits and provided quotes from the comfort of their homes.

Benefits

• The client built a customer base of around 80K due to uniform pricing. The dropout rate for renovation projects decreased to just 10% after a renovator visited a property.
• Revenue losses from unqualified leads were nullified, saving $200-$300 per site visit.
• A subscription model was introduced, allowing users to view post-renovation visuals and make informed decisions.
• An online renovator hiring model was implemented, where renovators provided complete floor plans and post-renovation visuals.
• The client enjoyed a 50% increase in revenue.