Renovations

What renovations will give me the greatest return when selling my property?

The top three renovations that get you the most money* are:

1. Bathrooms (75 to 100% return)

2. Kitchens (75 to 100% return)

3. Interior and exterior painting (50 to 100% return)

*Appraisal Institute of Canada's 2004 Home Renovation Survey

Other renovations and their average rate of return (the value they add compared to what they cost) include:

Replacing roof shingles (50 to 80%)

Replacing the furnace and heating system (50 to 80%)

Renovating the basement (50 to 75%)

Adding a recreation room (50 to 75%)

Installing a fire place (50 to 75%)

Up-grading floors (50 to 75%)

Building a garage (50 to 75%)

Replacing windows and doors (50 to 75%)

Building a deck (50 to 75%)

Installing central air conditioning (25 to 75%)

Return to: Preparing
or
Selling

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Dale has answers to a lot of your questions and more professional tips to make your real estate transaction more pleasurable.
Call or E-mail Dale or click on "Ask Your Own Questions."

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Dale can send you information on any Property Listed For Sale on the Multiple Listing Service in the Ottawa area.
If you would like him to help you locate a home, please fill out his Information Request Form.

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Or perhaps you are considering selling your home in the near future, he can also offer you a
Free No-Obligation Market Evaluation Form.

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