Five renovations that pay off: Kitchens are the #1
The kitchen is almost always the heart of the home, and the most
important room for homebuyers. So it's no surprise that kitchen renovations
consistently provide the best return on your renovation investment: from 75% to
100% according to the Appraisal Institute of Canada.
While kitchen renovations can also be extremely costly, there's no need to
gut the kitchen and start over to see a boost in value. Upgrades like granite
countertops to replace tired laminate – or stainless steel appliances, new light
fixtures and fresh paint – are mid-range investments that can dramatically boost
the value of your home, while making it a more pleasant and attractive room for
you and your family.
Desperate to replace your dated kitchen cabinets? Consider a partial
facelift with a fresh coat of paint and updated hardware. Or get a quote on
replacing the cabinet doors and drawer fronts – for a brand-new kitchen look at
a fraction of the price.
When planning a kitchen renovation, remember to keep the project in
line with the style and quality of the rest of the house and neighbourhood.
Kitchen renovations are among the most disruptive undertakings, so buyers
especially appreciate upgraded fixtures, appliances and décor.