Renovations Add Real Value to Your Home
- Posted in Real Insights | January 2, 2008
Did you know that a bathroom renovation continues to rank #1 in terms of return on investment? The Appraisal Institute of Canada says that a good bathroom (or kitchen) renovation will provide a 75-100% return upon the sale of your home. One current trend is to create a spa-like environment by running interesting tiles from floor to ceiling, using river stone on the floor, positioning a spa tub in front of a pastoral view, replacing towel racks with hooks and installing an extra-large shower area with multiple shower heads. Whatever your style, a bathroom reno is a good investment and winter is a great time for an indoor project!
— Another Real Insight from Perry Quinn, Royal LePage, Niagara on the Lake Real Estate
