Added a second bathroom, upgraded the kitchen and exterior of the home.

Select from a larger selection of properties for sale (in any condition), including condos, townhouses, mixed-us, multi-family, single-family dwellings and those that do not currently meet FHA standardsWhen offer is presented properly to seller, 203k offers may be advantageous in a competing offer situation as the seller does not have to fix-up or repair the property but instead allow the buyer to include these items into their 203k mortgage and complete the improvements after closing using the buyer's own style and design.203k Benefits to Home Owners & Sellers (not all inclusive)Market property to more buyersAllow buyers the opportunity to renovate, upgrade or improve to suit their tastes and preferencesNo need to settle for low-ball cash offersCurrent condition of property not required to meet FHA's property standardsBuyer is permitted to correct any property deficiencies after close of escrowNo more inspection concernsAbsolutely no repairs are required prior to close of escrowSeller not responsible for cost of repairs/improvementsTransaction will close with property in "AS-IS conditionClosing occurs in 45 days203k Benefits to Realtors® & Lenders (not all inclusive)Increase income by selling more homes and originating more loansRaise real estate values by improving homes and neighborhoodsDecrease foreclosure inventoryHelp buyers who previously could not buy homesHelp seller/owners with properties in outdated or fix-up conditionSpur economic growth by creating job opportunities for the construction/remodeling industryPromote an under-utilized niche program that not many Realtors® or Lenders understandRevitalize your community203k Disadvantages (not all inclusive) upfont MIPMI for life of loanSupplemental origination feeInspection feesTitle update feesmore complexmore moving partshigher interest ratepossible longer closing timeBut working with the right 203k Lender, a contractor with education/experience with the 203k, such as a Certified 203k Contractor, the benefits can definitely outweigh the disadvantages. 

Hers does have upgraded countertops and cabinets in kitchen, Floating floor throughout. 

She also offered to paint it as we only had primer on all the walls & then she upgraded all our basic HD light fixtures, faucets, then had her own 'better' kitchen backsplash installed. 

Major cosmetic upgrades along with a new HVAC and roof.

We replaced all flooring, upgraded the kitchen, added 64 sqft by opening a wall, and added a shower to make it two full baths.

@Brian PloszayInteresting Brian- I am newbie and find the math hard for CA even for a primary home upgrade.

Has it been renovated and upgraded?

We also invest in older neighborhoods, where the buyers are not expecting more bedrooms.In my experiences flipping and BRRRRing, aesthetic upgrades are the best return on investment.

@Kevin Manz The electric furnaces and AC units are new, so I won't be upgrading anytime soon, but thanks for the advice!