Home Owners

In the last 10 years more and more homeowners have renovated their homes, be it for resale purposes, or just because they feel its time for a change. Now here’s what homeowners should know — especially those who plan on dressing up their home for re-sale.

According to CMHC and the Appraisal Institute of Canada, the biggest paybacks come from bathroom and kitchen renovations, which return anywhere from 75% to 100% of your investment through increased resale value. (Toronto Sun, Money Section 2005)