Introduction
Thinking of renovating your home? Certain upgrades not only improve your living space but also boost your property’s market value. Here are the top renovations Canadian homeowners should consider.
1. Kitchen Upgrades
- Replace old countertops with granite or quartz.
- Install energy-efficient appliances and modern cabinets.
- ROI: Up to 75-100%.
2. Bathroom Remodels
- Upgrade fixtures, add a walk-in shower, or install heated floors.
- ROI: Approximately 70%.
3. Energy-Efficient Improvements
- Add insulation or install solar panels.
- Replace windows and doors with energy-efficient models.
- ROI: Long-term savings and up to 60% ROI.
4. Curb Appeal Enhancements
- Update landscaping, repaint the exterior, or replace the front door.
- ROI: First impressions matter and can boost value by up to 5-10%.
Conclusion
Renovations are a great way to increase your home’s value. Consult a local contractor or realtor to determine the best improvements for your market.
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