We all know different tricks that will help improve the look of a home but renos can get expensive, so we wanted to look at the 5 best ways to improve the look and value of your home while also giving you the biggest return on investment.
Kitchen upgrade: 75% to 100% Return on Investment
Everyone wants a kitchen Gordon Ramsey would be envious of, but that can be very expensive to make happen. However fixing up the kitchen to look better and be more practical is worth it when you are looking to sell. It doesn’t have to be a big job though. Painting your cupboards to give them a fresh look and maybe updating those old appliances might be all you need to light the spark in your kitchen.
Bathroom upgrade: 75% to 100% Return on Investment
Upgrading your bathroom is similar to upgrading your kitchen. You can go full out and do a complete remodel or maybe take another, less expensive approach. Adding in towel bars, shelving, and tile work is a lot less work and less expensive than putting in a tropical rainforest bathroom. The kitchen and bathroom are the two rooms people spend the most time in, especially when you have guests, so ensuring these are update and looking great is a
Interior painting: 50% to 100% Return on Investment
Painting, some people hate doing it. But when you look at getting a 50-100% return on the money you spend doing it…it starts to look more fun. A fresh coat of pain can revitalize almost any room and even some appliances. If selling a home it’s best to choose neutral colours as they would be more acceptable to anyone looking.
Roof replacement: 50% to 80% Return on Investment
I found recently an article that listed 10 things to look for in order to tell if you need to replace your roof. This was also very helpful in understanding the steps to take when you do need to replace some or all of your roof.
Replacement of furnace or heating system: 50% to 80% Return on Investment
There are 8 questions you need to ask yourself before you decide to go out and buy a new furnace.
1. How old is your current furnace?
2. Gas & Electric Bills Going Up?
3. Any Furnace Repairs in the last 2 years?
4. Does your thermostat keep you comfortable?
5. Is your burner flame yellow instead of blue?
6. Is your furnace making strange noises?
7. How have you & your family been feeling?
8. Is your house dry or dusty?
Answering yes might have you considering a new furnace, and why not with a return of almost 80%?