Photo Gallery: 10 Home Value Boosters
Learn to make smart reno decisions.
A kitchen renovation offers one of the highest payback potentials, with 75 to 100 percent of the money you invest adding to your home’s value. In this narrow room, an inexpensive mobile island works well as a fixed island would take up too much space.
Designer Arren Williams gave his boxy 1960s-era home a new look with modern energy-efficient windows, plus a new door, house number, mailbox, light, interlocking stone and low-maintenance grasses. Save money by keeping window and door openings the existing, standard size. Painting out the front brick and fieldstone façade a dramatic dark grey simplified his exterior, too.
A sturdy base for your home that is free of mould and odours could make for a profitable basement apartment in the future, or a space to use as a rec room, craft centre or laundry area.
Investing in a bathroom reno, big or small, is one of the top four smart home investments. If your project costs $10,000, it could add $7,500 to $10,000 to your home’s value.
A new deck provides an outdoor space perfect for summer days, and is a hit with those looking to buy.
While you may not notice your flooring, those looking to purchase will as soon as they walk in. Here, African walnut 3/4″ hardwood flooring flows from room to room.
For resale, choose paints where colours flow from one space to the other. In this room, pale blue walls provide a fresh palette to build on. Interior painting offers one of the highest reno paybacks.
Reduce your and future homeowners’ heating costs by selecting the appropriate type of windows, and you can expect to earn 50 to 75 percent of those costs back upon resale. High efficiency windows can have a great impact on a home’s value.
A fireplace can be a real bonus in cooler climates.
Some purchasers may not be willing to pay the full price of the home if a new roof is required, so investing in one beforehand could be wise.