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Home Renovation Costs Return on Investment Estimates
While most clients are not looking for an immediate return on investment for their home renovation costs, we have many clients who employ us to improve key areas of their homes preparatory to listing them for sale. Whether you are investing money in your home or cottage in order to maximize your selling price, or simply updating your living spaces to suit your lifestyle, we have compiled an estimated return on investment table for the most common home renovations in Muskoka. | Renovation | Resale Recovery | | Add a Bathroom | 96% | | Bathroom Renovation | 75%-100% | | Kitchen Renovation (minor) | 75%-100% | | Kitchen Renovation (major) | 70%-95% | | Add a Fireplace | 50%-75% | | Add Insulation | 65% | | Addition | 62% | | New Roof | 61% | | New Deck | 60%-75% | | Replace Windows/Doors | 55%-70% | | Source: National Association of the Remodeling Industry and the Appraisal Institute of Canada |
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Home | Contact | Gallery© Martin Home Improvements. All Rights Reserved. Martin Home Improvements is a renovations contractor registered in Ontario, Canada and serving Gravenhurst, Bracebridge, Huntsville and the Muskoka Lakes 410 Bay Street, Gravenhurst, Ontario, P1P 1G9
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Latest News
We're in the National Post. Check out Small Changes, Big Impacts in the Saturday, June 18th edition.
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