HouseCanary, in partnership with HomeAdvisor, has announced the launch of a new tool that aims to help homeowners determine the return on investment for home improvement projects.

The companies announced Tuesday that HomeAdvisor’s home services marketplace is now fully integrated into HouseCanary’s proprietary ComeHome platform.

HouseCanary CEO Jeremy Sicklick said that the home improvement tool enables “homeowners to price home renovations, understand the ROI of home improvement projects, find contractors to do the job, and seek funding for projects all in one place.”

“By teaming up with HomeAdvisor, we have taken another step toward making ComeHome the premier customer engagement platform for homeowners by helping them realize greater value in their most important asset,” he said.

“This partnership could not have come at a better time,” said Craig Smith, president and chief operating officer of HomeAdvisor. “With individuals spending more time at home since the onset of the pandemic, people are taking on a lot of projects in and around the home and looking for qualified pros to complete these programs. Together, HomeAdvisor and HouseCanary are helping homeowners truly understand the value of home renovations, adding a new layer of transparency unparalleled in other home improvement tools. Homeowners can now make smarter, data-driven decisions using ComeHome.”