With the high cost of housing, the notion of buying your dream house is not as easy as it once was. But with the right renovations, you can make your current home your dream home.
Can’t decide where to invest your reno dollars? See the most popular renovation trends in Canadian homes for 2017, according to HGTV Canada experts.
Windows and doors
Window and door upgrades can make a subtle but beautiful impact on not only your room’s design, but your home’s energy efficiency. Upgrading to energy-efficient windows and doors is a great long-term investment and it can save you on your hydro bill.
Roofing
Costs for roofing projects vary greatly depending on the size of the roof, the roof slope, the materials you want to use and the condition of the roof.
Flooring
Redoing the floors can completely change the appearance of a room. Laminate flooring is one of the cheapest options and ceramic is budget-friendly too. While wood and concrete are the most expensive, they have the great “wow” factor.
Tiling
Tiling projects can be quick and easy to do and very versatile.
Kitchen renovations
The pros suggest that you allocate a budget after getting quotes from reputable contractors. When budgeting, keep in mind that custom finishes can be costly and it’s a good idea not to skimp on electrical, gas and plumbing work since a bad job can be downright dangerous.
Painting
Painting projects are especially popular with DIY enthusiasts since they can be inexpensive and uncomplicated way of giving a room a facelift.
Fence construction
Fence construction is a rising trend. The kind of materials you use will determine the project cost as well as the level of privacy your new fence will give you.
New decks
A new deck can add quite a bit of value to your home but you need to budget generously. Some of the factors that can affect your final budget include the size and height of the deck, its location, complexity and the materials you want to use.
Basement renovations
A basement renovation can have a 50 to 75 per cent return on investment. Before you start, however, get an expert to inspect your home’s foundations.
Bathroom renovations
Bathroom renovations can have a 70 to 100 per cent return on investment, especially if you choose energy-efficient and eco-friendly options. As with all renovation projects, the size of the project and the materials you use will determine the cost.
Make Your Renovation a Reality
Whether you plan a full gut job or renovate specific areas of your home, you can’t go wrong in choosing any of these top renovations in Canada.
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The opinions expressed in this article regarding home renovations are those of the author and not The Bank of Nova Scotia.