Remodelled kitchens, bathrooms tops for resale boosting renovations
If you’re looking to renovate your home, a new survey suggests a new kitchen could add the most pizzaz when it comes to return on investment upon its sale.
“By doing a kitchen remodel, you might see upward of a 20 per cent increase in your property value,” says Mike Heddle, broker and team leader of Royal LePage State Realty.
The Hamilton-based industry expert is referring to the realty firm’s recent survey of more than 400 industry professionals across Canada.
The survey listed 13 renovations from a revamped kitchen to a swimming pool, ranking them based on their potential to add value to the property.
