Thursday, November 7, 2013

Save On Your Renos

There's no denying that home renovations can increase the value of your home. According to the Canadian Home Renovation Survey a kitchen or bathroom renovation can be expected to nearly double the amount you invest. $10,000 spent will increase your home's value by $17,500 - $20,000. To look at another example, for every $1.00 you spend to paint, inside or out, expect to get $1.50 - $2.00 back.


Renovation and Home Purchase Report (CMHC 2012)
http://www.cmhc-schl.gc.ca/odpub/esub/65459/65459_2012_A01.pdf?fr=1352310038500



     

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