Top 5 Renovations with Highest Return on Investment

1. Kitchen Updates: Invest in a renovation or update with materials and workmanship that align with the quality and style of homes in your area.
2. Bathroom Enhancements: Renovate or add a bathroom using materials consistent with your home’s value and neighborhood standards.
3. Fresh Paint: Repaint interior and exterior spaces in neutral tones that appeal to a broad range of buyers.
4. Modern Décor Touches: Upgrade lighting and plumbing fixtures, replace outdated countertops, refinish hardwood floors, or replace worn carpets or vinyl.
5. Decluttering: Clear out excess items to highlight your home’s best features and create an inviting space.

Source: Appraisal Institute of Canada