Where do you get your best return on your investment when renovating or updating. Here are the 5 best to get the best bang for your buck, according to a recent Pillar to Post ad.
1) Flooring... remove outdated carpets and replace with laminates, hardwood or ceramic tiles. Non carpeted flooring is more positive, easier to clean and helps with allergies.
2) Fixtures and Hardware... Items such as door knobs, handles on doors and closets, entrance doors, bathroom and lighting fixtures and light switches. These are easy to replace and fairly inexpensive.
3)Bathrooms.... Without a doubt any money you spend on upgrading a bathroom will be worth the effort. Like new tile and grout for floors and showers, faucets and hardware, paint and cabinets.
4)Kitchen... This is the most valuable room in the house and if you can only do one room this is the one! Like new faucets, cabinet door hardware, upgrade to new appliances, new lighting, backsplash to help jazz up the appearance and cabinets if needed.
5)Add an Income Suite.... Depending on the location, income suites could add 150% of equity into the home. You would receive extra income and help pay off the mortgage.