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Tuesday, February 14, 2012

$$ Return on Renovations

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It is a good idea to keep in mind which renovations give you the best return if you are considering selling your home.  The Appraisal Institute of Canada has a link on their site called Renova.  You can fill in the amount you are budgeting for almost any renovation and it will calculate the percent of costs you can expect as return on your investment.  For example a kitchen renovation will typically give you a 75-100% return, while installing a hot tub is a 0 - 50% return.  Here is the link to Renova.

 

Happy Renovating!


 

 

If you have any questions about a renovation project or the Regina Real Estate Market don't hesitate to give me a call. 

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