Wednesday, June 29, 2005

Choose Your Home Improvements Wisely...

When it comes to increasing the value of your home through home improvements, there is no guarantee that the money you spend will be recovered when it comes time to sell.

Based on information from the Appraisal Institute of Canada, the home improvements that will create the best value are kitchen and bathroom renovations which will hold 75-100% of the cost of the improvement.

When compared to something like adding a skylight (0-25%) or a swimming pool (10-40%)you can see that it is important to choose your improvements wisely in order to generate the best returns.

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