FAQ
Questions worth asking early.
Where a definitive answer would be irresponsible, we say so rather than inventing one.
To Monevate means to rethink your property by keeping the home you want, while exploring whether excess space can be transformed into additional residences. It sits between renovating everything and selling everything.
The Monevations concept is specifically designed around alternatives to selling the entire property. The intent is that you keep a newly renovated portion as your residence while another portion becomes new homes. The exact structure varies by property and would be defined in the project agreements.
Potential properties may include townhouses, brownstones, multi-level homes, and other properties where layout, zoning, value, and development potential make a transformation feasible. Substantial residences with excess or underused space are the general starting point — but the property type alone never determines the answer.
No. Every property requires feasibility analysis. Zoning, development rights, building code, structure, approvals, construction feasibility, legal structure, financing, market conditions, and project economics can each independently make a transformation impossible or unwise. A significant number of properties will not qualify.
Yes. Every Monevation requires you to move out temporarily while construction is underway, and Monevations provides a monthly relocation allowance for that period. The amount, the length of time, and the rest of the relocation plan are established before construction begins and documented as part of the project structure.
Timing varies substantially depending on the property, approvals, scope, and construction requirements. Some projects may take well over a year. Anyone who quotes you a fixed timeline before analyzing your building is guessing.
Monevations coordinates the professionals a project requires — which may include architects, engineers, attorneys, zoning professionals, contractors, brokers, lenders, and designers. Regulated work is performed by the licensed professionals qualified to perform it. Monevations does not itself provide legal, architectural, engineering, brokerage, appraisal, tax, or investment services.
Monevations develops and sells them. That is how the project is paid for: the value of the newly created residences funds the construction, the approvals, and the renovation of your own home. How it is structured would be defined in the project agreements before anything proceeds.
No. Monevations does not pay you a lump sum, and you should not expect a check at closing. What you receive is the work itself: your own home renovated and, where the property allows, extended outward — at no cost to you — along with a monthly relocation allowance while construction is underway. Monevations funds the project and is compensated by developing and selling the newly created residences.
Where the building allows, a further portion can be created as a separate residence that belongs to you, which you are free to keep, rent, or sell. Whether that is possible depends entirely on the property, and nothing here is promised or guaranteed.
There is no single answer to this, and you should be skeptical of anyone who offers one. Financing and existing liens would need to be evaluated as part of the property review and the transaction structure, in coordination with your lender and your own advisors.
Submitting a property for an initial assessment is a request for review, not an application or an agreement. Any fees associated with deeper feasibility work, design, or a project would be defined in writing before that work begins.
No. Nothing on this site is an offer to sell or a solicitation to buy any security or interest, and nothing here is investment, legal, or tax advice. Homeowners should retain their own counsel and advisors in connection with any transaction.
Answers on this page are general and informational. They do not describe the terms of any particular project and do not create any agreement or obligation.