Can upscale renovations price your home out of the resale market?
Find out which renovations give the best return on investment when selling a home.

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A kitchen renovation provides the most bang for your buck when increasing a home’s potential resale value, a new survey has found.
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Yet a local realtor suggests homeowners think twice before paying tens of thousands of dollars to upgrade their kitchen or undergo other costly renovations if their intention is to maximize the sale price of their home.
“On the whole, renovating your home is not a bad idea,” says Doug Smilski, realtor with Royal LePage Noralta Real Estate in Edmonton.
“But when you do a renovation, you should know that you may not see a comparable return on investment when you sell your home, so a big renovation should really be more about enjoying it while you live there.”
Still, the recent Royal LePage Home Renovation Return on Investment survey of more than 400 real estate professionals found a newly remodelled kitchen could on average add 20 per cent to a property’s total value.
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That’s the highest return on investment among all renovations on the survey’s list of 13 improvements, which included everything from pools to home offices and eco-upgrades.
“Most homeowners would like to know where they should invest in their home and what renovations offer the best return