Monday, November 9, 2009

Average Renovation Paybacks

Plannning on renovating? Here are the top 10 paybacks.

1. Furnace/heating system ( 50%-75%)
2. Basement renovation ( 50%-75%)
3. Recreation room addition (50%-75%)
4. Installing a fireplace ( 50%-75%)
5. Flooring (50%-75%)
6. Constructing a garage ( 50%-75%)
7. Window/door replacement (25%-75%)
8. Roof shingle replacement (25%-75%)
9. Building a deck (25%-75%)
10. Central air conditioning (25%-75%)

Information provided by Appraisal Institute of Canada 2006

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