Renovation Tips to Get More Return on Your Investment

Renovation Tips to Get More Return on Your Investment

Millions of people are willing to remodel their homes just to improve the value of their home during selling. But, not all home improvements are created equal! Well-planned and executed home renovations in Vancouver make your house more liveable and can boost your home’s resale value.

Replace the Front Door

According to 2015 Remodelling Impact Report, “A new steel front entry door has a national median cost of $2,000 installed, and can recover 75% of that cost at resale”. So, replace tired and worn out front doors with a steel door. This kicks up and yields the best payback that you could ever imagine.

Choose the Right Siding that Suits Your Home

Old and worn siding can contribute a loss of up to 10% of a home’s value. Considering vinyl and fibre-cement siding are the good replacement options because they come in low-cost, durable, and are easy to install.

Kitchen Remodelling

An updated and well-organised kitchen gives people a greater desire to in home and gives a return of 67% on the $30,000 national median cost. Go for minor kitchen remodels like new flooring, countertops, and modestly priced appliances rather than replacing cabinets.

Deck and Patio Additions

A recent survey reported that the love of outdoor living spaces especially decks and patios are on the rise. Patios and decks are the best ways to expand the living space at an affordable rate.

In addition to these, outdoor kitchen can also add 100%-200% of ROI, pools add up to 7% and outdoor addition provides 87% of your investment back.

So, what you are looking for? Contact your home renovation contractors in Vancouver to get the more out of your investment.