|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)