Return value for your home improvements

Return value for your home improvements

There's no denying that home renovations can increase the value of your home.

According to the recent Canadian Home Renovation Survey (2004) from the Appraisal Institute of Canada, a kitchen or bathroom renovation can be expected to nearly double the amount you invest.
$10,000 spent will increase your home's value by $17,500 - $20,000.

To look at another example, for every $1.00 you spend to paint, inside or out, expect to get $1.50 - $2.00 back.

Bathroom renovation 75 - 100%
Kitchen renovation 75 - 100%
Interior painting 50 - 100%
Exterior painting 50 - 100%
Roof shingle replacement 50 - 80%
Furnace/heating system 50 - 80%
Basement renovation 50 - 75%
Recreation room addition 50 - 75%
Installing a fireplace 50 - 75%
Flooring 50 - 75%
Constructing a garage 50 - 75%

Window/door replacement 50 - 75%

Building a deck 50 - 75%

Central air conditioning 25 - 75%

Landscaping 25 - 50%

Interlocking paving 25 - 50%

Building a fence 25 - 50%

Asphalt paving 20 - 50%

Adding a swimming pool 10 - 40%

Installing a skylight 0 - 25%