Homes in HRM
Your home for Real Estate Services within
the Halifax Regional Municipality!
Sheila Banser
Phone: 902.830.8757
Fax: 902.455.6738
E-mail: sheilabanser@royallepage.ca
Seller's Info
Should I Renovate Before I Sell?
Renovating
for Resale
It
is important to know that you will rarely get back the full value
of renovations that you have just completed. The following renovation
projects provide the highest payback potential for homeowners:
1. Bathroom Renovation
2. Kitchen Renovation
3. Painting Interior/Exterior
Top four greatest payback potentials
Bathroom renovation (75 100%)
Kitchen renovation (75 100%)
Interior painting (50 100%)
Exterior painting (50 100%)
Ten average payback potentials
Roof shingle replacement (50 80%)
Furnace/heating system (50 80%)
Basement renovation (50 75%)
Recreation room addition (50 75%)
Installing a fireplace (50 75%)
Flooring (50 75%)
Constructing a garage (50 75%)
Window/door replacements (50 75%)
Building a deck (50 75%)
Central air conditioning (25 75%)
In the opinion of Canadas professional real property values, the top
trends in home renovation in 2004 were:
1. Home theatre room
2. Hardwood flooring in kitchen
3. Main floor laundry room
4. Use of non-neutral interior paint colours
5. Installing a jacuzzi or whirlpool bath
6. Built-in kitchen appliances
7. Ground floor office
8. Addition of island in kitchen
Kitchens
and bathrooms are the best value for renos!
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