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Best $$ Return Renos

Cost-effective renovations by Appraisal Institute of Canada

Thinking of someday selling your home? Check out these home improvements and the corresponding rate of return on the amounts invested.

Highest return

  • Bathroom upgrade: 75 percent to 100 percent
  • Kitchen upgrade: 75 percent to 100 percent
  • Interior or exterior painting: 50 percent to 100 percent

Medium-level return

  • Roof replacement: 50 percent to 80 percent
  • Replacement of furnace or heating system: 50 percent to 80 percent
  • Finished basement: 50 percent to 75 percent
  • Addition of family room: 50 percent to 75 percent
  • Fireplace: 50 percent to 75 percent
  • Installation of hardwood floor: 50 percent to 75 percent
  • Construction of a garage: 50 percent to 75 percent
  • Doors and windows: 50 percent to 75 percent
  • Deck: 50 percent to 75 percent
  • Central air conditioning: 25 percent to 75 percent

Low return

  • Landscaping: 25 percent to 50 percent
  • Interlocking paving stones on driveway: 25 percent to 50 percent
  • Asphalt driveway: 20 percent to 50 percent
  • Fence: 25 percent to 50 percent
  • Pool: 10 percent to 40 percent
  • Skylights: 0 percent to 25 percent