HOME UPGRADES COSTS & POTENTIAL PAYBACK

Thinking of moving in the next year or two? Let's get together and discuss upgrade

 

plans.  Will the improvements deliver the comfort you're looking for?  Or should you

 

consider a new place?  Will the renovations deliver paybacks when it’s time to sell? 

 

Or, are you simply looking to enjoy added comfort and energy savings until you do?

 

Keep in mind that the time between upgrade and sale, as well as wear, and changing

 

styles, should be factored-in when reviewing this chart and ROI factors.

 

Project                                                 Approximate                             Percentage

                                                                cost                                          recovered

                                                                                                                  upon resale*

 

Kitchen upgrade.............................$10,000+...................................75% to 100%

Bathroom upgrade .........................$10,000+..................................75% to 100%

Roof shingle replacement.............$2.50-$10.00............................50% to 80%

High-efficiency furnace...................$3,500-$7,000..........................50% to 80%

Replace windows...........................$40 - $120/sq. ft.......................50% to 75%

Deck..................................................$25 - $500/sq. ft.......................50% to 75%

Hardwood flooring .........................$5 - $15/sq. ft...........................50% to 75%

Central air conditioning.................$3,000+....................................50% to 75%

Finished basement........................$20 - $35/sq. ft........................50% to 75%

Interlocking paving...........................$10 - $20/sq. ft. ......................25% to 50%

stones on driveway

Inground Pool..................................$20,000 - $40,000..................10% to 40%

Skylights...........................................$3,000+......................................0% to 25%

 Call us today, 204-987-2100

www.gerrycarriere.com

 

*Source: The Appraisal Institute of Canada

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Tracey Anderson

Tracey Anderson

REALTORĀ®
CENTURY 21 Bachman & Associates
Contact Me

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