TOP FIVE HOME RENOVATIONS THAT INCREASE PROPERTY VALUE
- johnathanmcquoid
- Jan 18
- 2 min read
Certain renovations add far more value than others, and choosing wisely can multiply your return on investment. These upgrades not only refresh your living space but also dramatically boost resale appeal.
Here are the top five renovations that deliver the strongest property value gains š
1ļøā£ Flooring
Flooring has one of the highest impacts on overall home value.
āļø hardwood increases value immediately
āļø refinishing existing hardwood is cost-effective
āļø tile remains the best choice in bathrooms
Quality flooring modernizes your space and makes it far more appealing to buyers.
2ļøā£ Fixtures
Outdated fixtures can make a home look tired even if the structure is solid.
āļø cabinet hardware
āļø faucets and sinks
āļø lighting and pot lights
Small updates in the kitchen and living areas can create a modern, cohesive look.
3ļøā£ Bathrooms
Bathrooms are the second-highest value driver in a home.
āļø adding a 3-piece bath boosts value significantly
āļø use glass to make spaces feel larger
āļø maximize unused spaces like under stairs
Even modest bathroom upgrades can increase buyer interest and resale value.
4ļøā£ Kitchen
The kitchen is the single biggest factor in home valuation.
āļø modern cabinets
āļø updated lighting
āļø stainless or updated appliances
A refreshed kitchen increases both functionality and market desirability.
5ļøā£ Income Suite
An income suite provides the highest overall ROI.
āļø generates rental income
āļø offsets mortgage payments
āļø increases resale value dramatically
Creating a secondary suite adds long-term wealth and improves cash flow.
š¬ Final Thought
Upgrading key areas like flooring, bathrooms, kitchens, and adding income potential can significantly increase your homeās market value. The right renovations not only enhance your living space but also strengthen your financial position.
If youād like help deciding which upgrades add the most value in your neighbourhood, The Frontline Mortgage Group can guide you based on local trends and budget.