{"id":12224,"date":"2017-08-18T15:40:50","date_gmt":"2017-08-18T15:40:50","guid":{"rendered":"https:\/\/www.thehouseshop.com\/property-blog\/?p=12224"},"modified":"2018-02-13T07:18:30","modified_gmt":"2018-02-13T07:18:30","slug":"the-best-renovations-to-increase-your-home-equity-for-the-canadian-market","status":"publish","type":"post","link":"https:\/\/www.thehouseshop.com\/property-blog\/the-best-renovations-to-increase-your-home-equity-for-the-canadian-market\/","title":{"rendered":"The Best Renovations to Increase Your Home Equity for the Canadian Market"},"content":{"rendered":"\n<!-- SEO Ultimate Plus (https:\/\/seoultimateplus.com) - Code Inserter module -->\n<script async>(function(s,u,m,o,j,v){j=u.createElement(m);v=u.getElementsByTagName(m)[0];j.async=1;j.src=o;j.dataset.sumoSiteId='b68b392479b5981b8acf46565e9fe32a0734fc21a1f7c1e60121eaa6ca1a1c64';v.parentNode.insertBefore(j,v)})(window,document,'script','\/\/load.sumo.com\/');<\/script>\n<!-- \/SEO Ultimate Plus -->\n\n<p>If you are going to put money into your <a class=\"wl-entity-page-link\" title=\"homes\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/home\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/home;http:\/\/rdf.freebase.com\/ns\/m.01l0mw;http:\/\/dbpedia.org\/resource\/Home\" >home<\/a>, it\u2019s good to ensure that you will get your investment back when you sell the <a class=\"wl-entity-page-link\" title=\"houses\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/house\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/house;http:\/\/rdf.freebase.com\/ns\/m.03jm5;http:\/\/dbpedia.org\/resource\/House\" >house<\/a>. <a href=\"http:\/\/wellrefinedrenovations.ca\/\">Home renovation Winnipeg<\/a> professionals can attest that sometimes, you will do things just to make your home more conducive to your needs, and then other times you may be trying to increase the value of your home for its long-term <a class=\"wl-entity-page-link\" title=\"Equity (finance)\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/equity-finance\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/equity_finance;http:\/\/yago-knowledge.org\/resource\/Equity_(finance);http:\/\/rdf.freebase.com\/ns\/m.0hz8s;http:\/\/dbpedia.org\/resource\/Equity_(finance)\" >equity<\/a>. If you want to be confident that whatever <a class=\"wl-entity-page-link\" title=\"remodelling\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/renovation\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/renovation;http:\/\/rdf.freebase.com\/ns\/m.06b49c;http:\/\/dbpedia.org\/resource\/Renovation\" >renovations<\/a> you make will financially come back to you in the end, then making smart renovation decisions is key.<\/p>\n<p>To increase the value of your home while also making it more functional, consider making these valuable renovations to build equity to sell in this red-hot <a class=\"wl-entity-page-link\" title=\"Market (economics)\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/market-economics\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/market_economics;http:\/\/dbpedia.org\/resource\/Market_(economics)\" >market<\/a> or in the future. Sometimes you don\u2019t have to spend a whole <a class=\"wl-entity-page-link\" title=\"Land lot\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/land-lot\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/land_lot;http:\/\/rdf.freebase.com\/ns\/m.0gs32y;http:\/\/dbpedia.org\/resource\/Land_lot\" >lot<\/a> to get a great return on your investment.<\/p>\n<p>&nbsp;<\/p>\n<ol>\n<li><strong> Convert space to a loft<\/strong><\/li>\n<\/ol>\n<p>If you have loft space, redoing it is one of the quickest and easiest ways to not only add space but to increase the value of your home. Not many people think about loft space, or they think that an old <a class=\"wl-entity-page-link\"  href=\"https:\/\/www.thehouseshop.com\/property-blog\/attic\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/attic;http:\/\/rdf.freebase.com\/ns\/m.08l60s;http:\/\/dbpedia.org\/resource\/Attic\" >attic<\/a> is just that &#8212; an old attic. Kids love loft space to play in, and they can also make excellent offices, studios, or entertainment rooms.<\/p>\n<ol start=\"2\">\n<li><strong> Open up a <a class=\"wl-entity-page-link\"  href=\"https:\/\/www.thehouseshop.com\/property-blog\/room\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/room;http:\/\/rdf.freebase.com\/ns\/m.06ht1;http:\/\/dbpedia.org\/resource\/Room\" >room<\/a> to the outside<\/strong><\/li>\n<\/ol>\n<p>Sometimes called \u201cextension rooms,\u201d opening up a room to the outdoors is an excellent way to create an \u201cendless room\u201d feel. Whether it is a space off of the <a class=\"wl-entity-page-link\"  href=\"https:\/\/www.thehouseshop.com\/property-blog\/kitchen\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/kitchen;http:\/\/rdf.freebase.com\/ns\/m.0d4wf;http:\/\/dbpedia.org\/resource\/Kitchen\" >kitchen<\/a>, office, or guest room, adding a doorway with a patio is an excellent addition to any home. The best part of opening up a room is that it allows for a flow to an outdoor space and usually costs you only about $1300 for an extension. Depending on the space you have and the materials you choose, an extension space can bring a little bit of the outdoors, inside.<\/p>\n<ol start=\"3\">\n<li><strong> Utility room makeovers<\/strong><\/li>\n<\/ol>\n<p>The utility room doesn\u2019t have to be just for laundry. It can be like a big organization space. If you route the plumbing just right, you can add not just a washer and dryer, but a sink to wash all those things you don\u2019t want to use your kitchen for. Add shelving to house all the overflow from the mudroom and hanging racks to keep everything organized, and your utility room can be the most utilitarian room in your house.<\/p>\n<ol start=\"4\">\n<li><strong> Renovate your kitchen<\/strong><\/li>\n<\/ol>\n<p>If there is one room where you can always see a return on your investment, it is the kitchen. Adding the smallest upgrade to a kitchen can build some huge equity. Things like changing out knobs, fixtures, lighting and other super easy upgrades are an excellent way to increase the value of your home, while at the same time creating a great area for the whole family.<\/p>\n<ol start=\"5\">\n<li><strong> Open up rooms<\/strong><\/li>\n<\/ol>\n<p>If you want to increase the value of your home with a great renovation, it isn\u2019t always about adding space. Sometimes you can create space simply by opening up rooms to connect them to one another. If you have to add load-bearing structures, make them functional. Opening up walls to make a more livable living space can create a better place to build family memories and entertain. Having a formal <a class=\"wl-entity-page-link\"  href=\"https:\/\/www.thehouseshop.com\/property-blog\/dining-room\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/dining_room;http:\/\/rdf.freebase.com\/ns\/m.03d2wd;http:\/\/dbpedia.org\/resource\/Dining_room\" >dining room<\/a> is nice, but being able to hang out with your kids while you make dinner after a long day is even nicer. This isn\u2019t always a huge <a class=\"wl-entity-page-link\" title=\"projects\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/public-housing\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/public_housing;http:\/\/rdf.freebase.com\/ns\/m.0184vk;http:\/\/dbpedia.org\/resource\/Public_housing\" >project<\/a>; if you combine spaces, it can be a very inexpensive renovation that can significantly increase the value of your home.<\/p>\n<ol start=\"6\">\n<li><strong> Dig out the <a class=\"wl-entity-page-link\" title=\"cellars\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/basement\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/basement;http:\/\/rdf.freebase.com\/ns\/m.02q_2q;http:\/\/dbpedia.org\/resource\/Basement\" >basement<\/a><\/strong><\/li>\n<\/ol>\n<p>It might sound intimidating, but digging out the basement <a class=\"wl-entity-page-link\"  href=\"https:\/\/www.thehouseshop.com\/property-blog\/floor\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/floor;http:\/\/rdf.freebase.com\/ns\/m.0l7_8;http:\/\/dbpedia.org\/resource\/Floor\" >floor<\/a> to make the basement more livable is a great way to add extra space to your home. If you dig out a full basement and renovate, you are basically doubling the size of your existing home. If it is a good space, meaning it is dry and the plumbing is available, using the basement to increase the value of your home is an excellent idea, even if you have to dig out the floor to create ceiling height.<\/p>\n<p>&nbsp;<\/p>\n<p>Some things just make living in your home nicer, and then some things both make it nicer and add value. If you want to create space in your home while increasing its equity, these are the best home renovation projects to undertake to cost you the least while having the greatest return.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you are going to put money into your home, it\u2019s good to ensure that you will get your investment back when you sell the house. Home renovation Winnipeg professionals can attest that sometimes, you will do things just to<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/the-best-renovations-to-increase-your-home-equity-for-the-canadian-market\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":41,"featured_media":12225,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wl_entities_gutenberg":"","_lmt_disableupdate":"","_lmt_disable":"","spay_email":""},"categories":[16,8],"tags":[],"wl_entity_type":[602],"modified_by":null,"_wl_alt_label":[],"jetpack_featured_media_url":"https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2017\/08\/canada-home-improvement.jpg","wl:entity_url":"http:\/\/data.wordlift.io\/wl0502\/post\/the_best_renovations_to_increase_your_home_equity_for_the_canadian_market","_links":{"self":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/12224"}],"collection":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/comments?post=12224"}],"version-history":[{"count":3,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/12224\/revisions"}],"predecessor-version":[{"id":14105,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/12224\/revisions\/14105"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media\/12225"}],"wp:attachment":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media?parent=12224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/categories?post=12224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/tags?post=12224"},{"taxonomy":"wl_entity_type","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/wl_entity_type?post=12224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}