So you've watched a ton of house-flipping shows and you think you can make a buck on that fixer-upper or maybe the house you bought requires a bit of TLC. It's not always about replacing a kitchen or a bathroom, so let's look at where and when renovations make sense.
Does it need more insulation? If not, maybe just re-caulking or weather-stripping doors or windows will solve your lost heat issues. Recouping those lost energy dollars go a long way in our harsh, Canadian winters. If your windows and doors are very old, though, you may need to replace them. Want to make a quick change that will blow you away? In roughly 5 minutes, you can add outlet sealers to all your switches and outlets and cut down extensively on the drafts. Consider the option of Lowe's Installation Services if you're not comfortable with changing them. Visit LOWES.CA/INSTALLATIONSERVICES
These should be inspected by the professionals and upgrades should be considered in advance of many other renovations. There's no point in installing a $40,000 kitchen, only to find out that you've got electrical issues after the fact.
Similar to the point above, these are things that you need to understand before you take on a large basement renovation. Installing eaves troughs will help guide run-off water away from your home.
Trim work doesn't have to be boring. Well-planned and well-trimmed spaces offer custom features that visitors will notice.
Create an impact in your kitchen or bathroom without going through the much larger expense of cabinet and fixture replacements. Many flooring options may be installed right over the old ones to give your room a whole new look at a fraction of the cost.
When your cabinets are in good shape but you're looking for an impactful change that will return a wow from friends and family, consider changing the countertop and backsplash. Countertops are limited only by your imagination and budget, while backsplashes can be created by anything that you can stick to the wall and seal. There are many ceramic and porcelain options, but also glass, wood and metal are carving their position in the market.
As far as return on investment goes, this renovation returns perhaps the most. So if you've got the budget and you've ensured all the other parts of your home are sound, then maybe it's time to consider this renovation.