Is it Time?
The key to maintaining your home is to do the renovations that will enhance its value and your enjoyment, and then keep it in good repair. Whatever your need — kitchen, bathroom, basement renovation or major remodelling — Muskoka Interiors can help.
A quality renovation should increase the value of your home by at least the amount of money you spent. Before you plan any home improvements, it is important to understand what kinds of renovations you should do.
Renovations That Add Value
Type of improvement | Average recovery rate* |
New or improved kitchens and bathrooms | 75-100% |
Basement renovation | 50-75% |
*The percentage of your cost that you may recover when you sell your home. Source: Appraisal Institute of Canada.
For more information, visit the Investor Education Fund, a non-profit organization promoting financial literacy to Canadians at www.GetSmarterAboutMoney.ca.