Peter Dooks RE/MAX Banner Real Estate, Greenwood
Peter Dooks
Your Hometown Expert with a World of Experience

Which Home Improvements Give the Best Payback?


If you’re thinking about remodeling your kitchen or finishing your basement, you will likely want to get your investment back when you sell your home. But when it comes to payback value of home improvements, some are definitely more profitable than others. As a general rule, kitchen and bathroom projects usually get a nice return on investment, typically 90% or more. Adding rooms or finishing basements tend to pay back the least. (Finishing a basement usually returns less than 50%, so it’s not a project likely to show profit at selling time.) 

Smart Renovator
RE/MAX has done extensive research with homeowners to better understand what makes them tick. Our research has led to the development of a smart tool that can actually show you just what renovations generate the highest return on investment, based on the type of home you live in.

See the Return On Reno Index >>
 

     

The Six Smartest Home Renovations:

1. Landscaping
2. Kitchens
3. Fireplaces
4. Paint
5. Bathrooms
6. Floors


Local Home Improvement Centres / Building Suppliers:
Home improvementA.W. Allen
Berwick Building Supplies
Fraser's Pro Home Centre 
Home Depot
Kent
Palmer Home Hardware
Rafuse Building Centre
RONA
 

Kitchens & Flooring Specialists:
Valley flooring specialistsDecoste Kitchens
First Choice Kitchens
Floors Plus
Royson's Flooring & Woodworking Ltd.
Quinn Flooring & Interiors


Local Nurseries:

Blomidon Nurseries
Briar Patch Farm & Nursery
Den Haan's Garden World
G.W. Allen Nursery Ltd.
Whitman Gardens
Windsor Greenhouse

Stoves and Fireplaces:
Stoves and fireplacesCountry Stoves and Sunrooms
Valley Stove & Cycle
Windsor HH Woodstoves
Regency Fireplace Products

 

 Located in Halifax, Renovator's Resource Inc. is both a retail warehouse and a disposal facilty for used building materials. Visit their site for an inventory of items available, services provided, and ordering information.


Downloadable Resources


As a home owner, you are likely to re-sell at some point and should consider the benefits of the neighbourhood. Remember, choices you make regarding improvements or renovations can drastically influence your home's market value. Please access our free "Smart Renovator Guide" today!



Smart Renovator Guide

Get the most value out of every renovating dollar you spend. Here is an overview of the six smartest renovations.



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