HGTV Canada
1. Kitchen Renovations
Among the top 3 renovations with the highest return on investment in 27 of 31 housing markets. Return on investment typically falls between 75-100%.
2. Paint
Top 3 renovation for return on investment in 18 of 31 markets. Return on investment is around 60% with professional, neutral colors.
3. Bathroom Renovations
Top 3 for return on investment in 17 markets, including Toronto and Vancouver. Return on investment is around 62%, with a focus on eye-catching areas.
4. Flooring
Top 3 for return on investment in 14 markets. Return on investment ranges between 100-150% with quality installation.
5. Basement
Top 3 for return on investment in 5 markets. Return on investment is around 75%, with a focus on functional improvements.
6. Open Concept Rooms
Top 3 for return on investment in 3 markets, including Calgary and Edmonton. Improves flow, but be cautious with wall removal in work-from-home areas.
7. New Roof
Top 3 for return on investment in 2 markets (Victoria, Winnipeg). Return on investment up to 75%, making it a cost-effective investment.
8. Landscaping
Top 3 for return on investment in 2 markets (Ottawa, Barrie). Simple exterior modernization boosts value.
9. Exterior Upgrades
Top 3 for return on investment in 1 market (Muskoka). Return on investment around 50%, professional execution is recommended.
10. New Windows
Top 3 for return on investment in 1 market (Muskoka). Return on investment up to 75%, with energy-saving options being key.