(NC)-With the expansion of renovation chains across the country, and the proliferation of do-it-yourself television shows, it is no surprise that homeowners are tackling renovation projects now more than ever. Amid today's competitive real estate market, renovations offer a relatively affordable means to boost the value of a home.
"Do-it-yourself tasks such as painting walls, changing cupboard knobs or laying new flooring will make a house not only more appealing to buyers, but also offer a great return on investment," said Lisa da Rocha, vice president, marketing and sales, Royal LePage Real Estate Services.
The Royal LePage renovations and returns survey examines some top renovations that bring the best return on investment:
Freshen up: Adding a new coat of paint can freshen up a house and make the interior look like new.
Floors galore: Today, hard surfaces are all the rage.
Lighten up: Consider installing new light fixtures and using compact fluorescent (CFL) light bulbs
Pebble Beach? Well, close: To increase curb appeal and entice buyers, ensure front lawns are tidy and gardening is minimal.
Opening all the right doors: An elegant entrance enhances a prospective buyer's first impression of the house itself.
White picket fence? Building a fence and a deck instantly boosts a home's appeal.
Occupied, no more: A bathroom on the main floor is seen by homebuyers as an essential fixture. Exquisite en suite: Today's homebuyer prefers bathrooms that have spa-style tubs and modern faucets.
Everything, and the kitchen sink: Updated kitchens bring one of the highest returns on investment.
More information on this topic is available online at www.royallepage.ca.
-News Canada