UPGRADING WITH AN EYE TO VALUE
| Improving Saleability | Improving Market Value** | |||||
| greatly | somewhat | not at all | more | same | less | |
| Adding a rec. room | 39% | 42% | 10% | 17% | 48% | 21% |
| Improved Bathrooms | 52% | 29% | 10% | 55% | 24% | 6% |
| Renovating kitchen | 66% | 23% | 3% | 42% | 41% | 13% |
| Broadloom | 38% | 45% | 17% | 10% | 35% | 45% |
| Installing a sauna | 3% | 34% | 55% | 3% | 14% | 65% |
| Central air conditioning | 45% | 35% | 14% | 19% | 52% | 21% |
| Window air conditioning | 0% | 26% | 61% | 0% | 16% | 68% |
| Adding a sunporch | 21% | 58% | 21% | 7% | 23% | 55% |
| Fencing backyard | 31% | 55% | 17% | 7% | 41% | 31% |
| Fencing frontyard | 0% | 34% | 48% | 3% | 17% | 52% |
| Storage sheds | 3% | 17% | 59% | 3% | 10% | 59% |
| Brick or stone wood-burning fireplace | 4% | 19% | 3% | 38% | 45% | 12% |
| Extra washroom | 45% | 35% | 7% | 29% | 52% | 14% |
| In-ground pool | 3% | 31% | 48% | 0% | 24% | 69% |
| Above-ground pool | 7% | 7% | 72% | 0% | 3% | 83% |
| Adding a garage | 52% | 24% | 3% | 48% | 34% | 10% |
** In relation to cost of the renovation.
Some answers don't add to 100%.
Courtesy: Toronto Real Estate Board
«« Return to Real Estate Articles