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Roger wonders how best to use his home renovation budget this year. He’d like to install a pool in the backyard with new landscaping and up-to-date garden furniture on a chic new patio. He thinks that would surely increase the resale value of his house, in addition to improving his family’s quality of life. After all, you only live once!
However, relaxing in his bathtub, he notices that the bathroom could use a makeover too. What should he do? If increasing the resale value of your home is an important consideration for you, installing a pool has no positive result. In fact, it can sometimes have the opposite effect.
According to CAA Quebec, kitchen and bathroom renovations yield the best return on investment. Same finding from the Association provinciale des constructeurs d’habitations du Québec. (more…)
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