Increasing Your Muskoka Cottage or Home Value

The top three renovations that get sellers the most money are:

• Bathrooms (75 to 100% return)
• Kitchens (75 to 100% return)
• Interior and exterior painting (50 to 100% return)

For more ideas, download the brochure below from the Appraisal Institute of Canada.

Other renovations and their average rate of return (the value they add compared to what they cost) include:

• Replacing roof shingles (50 to 80%)
• Replacing the furnace and heating system (50 to 80%)
• Renovating the basement (50 to 75%)
• Adding a recreation room (50 to 75%)
• Installing a fireplace (50 to 75%)
• Upgrading floors (50 to 75%)
• Building a garage (50 to 75%)
• Replacing windows and doors (50 to 75%)
• Building a deck (50 to 75%)
• Installing central air conditioning (25 to 75%)