What renovations
will give me the greatest return when selling my property?
The top three renovations that get you the most money*
are:
XX1.
Bathrooms (75 to 100% return)
XX2. Kitchens
(75 to 100% return)
XX3. Interior
and exterior painting
XXXI (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%)
In
this section, discover the steps that will prepare you to look
for a home. I provide details on everything from questions to
ask Me, to getting your finances organized.
The more prepared you are as you start looking for a new home,
the easier and more enjoyable the process will be. Thanks to
the wide variety of services offered by Royal LePage, I've got
you covered every step of the way.
House
hunting begins at home... with planning. Before you grab
the road maps and hit the streets, you need to know how
expensive a house you can afford to buy.
Knowing your affordable
price range will bring your house hunting into focus.