| Whether you are looking to increase the value on | | | | buyers over one that is dated and dark. Likewise, a |
| your existing home to make it more liveable or to | | | | nice bright bathroom can make a lot of difference to |
| add value to it to increase its saleability once the real | | | | home buyers who've likely seen more than their fair |
| estate market regains some of its lost value, | | | | share of old, dated bathrooms in their house hunting. |
| value-adding renovations are a good way to make | | | | If your home presently only has one bathroom and |
| that happen. While some renovations will require a | | | | you have some extra space to work with, consider |
| bigger investment up front, there are also less | | | | installing a second bathroom in your home; many |
| financially intensive renos that you can do which offer | | | | home buyers won't even look at a home that only |
| high return on the time and money you need to put | | | | has one bathroom. |
| into them. | | | | The biggest renovation that you can make in your |
| Painting is one such lower-cost investment that you | | | | home, both for initial money investment and for |
| can make to brighten up your home; home buyers | | | | potential returns, is adding a second suite. This type |
| are often looking for a home that they can move | | | | of renovation is very inviting to home buyers |
| into without investing a lot of time or money in | | | | because it is a potential source of extra income; |
| before they can move in. A new coat of paint for | | | | having someone else pay part of your mortgage |
| the interior of your home can make a huge | | | | payment each month is likely to be appealing to |
| difference to the look of your home, making it feel | | | | many buyers whether they want to rent out to a |
| fresh and often giving it some neutrality. While bright | | | | tenant or to a family member. Many home owners |
| colours can really complement your personal | | | | who aren't looking to sell their home also are opting |
| decorating style, most home buyers consider unusual | | | | for the construction of a second suite in their home |
| colors negatively when they are looking to buy a | | | | to help them pay the mortgage. |
| new home. | | | | Whatever your choice, remember that anytime you |
| Renovating bathrooms and kitchens are a much | | | | plan on renovating your home where there will be |
| bigger investment than painting but the investment is | | | | construction involved, make sure that you first check |
| one that can really return some bang for your buck. | | | | out what permits you might need, particularly in the |
| A bright, updated kitchen is a huge draw to potential | | | | case of second suites for renting. |