Renovations don't have to be expensive to offer a good rate of return.
Average Rate of Return on home upgrades:
- New lighting 84%
- Interior painting 73%
- Kitchen renovation 72%
- Bathroom renovations 68%
- Exterior paint 65%
- Flooring upgrades 62%
- Window and door replacement 57%
- Main floor family room addition 51%
- Fireplace addition 49%
- Basement renovation 49%
An expert on home sale trends in your neighbourhood I will be able to suggest which areas could benefit from renovation or upgrading to increase its value.