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The ROI of Home Renovations in Barrie: What Projects Add the Most Value?

  • Writer: Ace Contracting
    Ace Contracting
  • Nov 23, 2024
  • 2 min read

Home renovations are not just about improving your living space; they’re also a smart way to increase the value of your property. In Barrie’s competitive real estate market, certain home renovations in Barrie can yield a stronger return on investment (ROI) than others. If you’re looking to upgrade your home while maximizing its financial potential, here are the top projects to consider.


home renovations barrie

1. Kitchen Renovations

A beautifully renovated kitchen is often the centerpiece of a home and one of the most impactful upgrades you can make. In Barrie, mid-range kitchen renovations—such as modern cabinetry, new countertops, and energy-efficient appliances—can deliver an ROI of 70-80%, making it one of the most valuable home renovations in Barrie.


2. Bathroom Upgrades

Bathrooms are another high-impact area for renovations. Adding modern features like walk-in showers, dual vanities, and stylish tiling can increase both functionality and aesthetic appeal. A professionally upgraded bathroom often recovers 65-75% of its cost, especially in Barrie’s growing housing market.


3. Basement Finishing

Finishing your basement is an excellent way to increase the usable space in your home. Whether you’re creating a family entertainment area or a rental unit, this renovation can recoup 70-75% of its cost. Many homeowners in Barrie are opting for legal second suites in their basements, which offer long-term value and additional income opportunities.


4. Curb Appeal Improvements

First impressions matter, and exterior renovations like updated siding, landscaping, and new front doors are popular home renovations in Barrie. These upgrades enhance the overall appeal of your property and deliver an ROI of 60-70%, helping your home stand out in the neighborhood.


5. Energy-Efficient Upgrades

Incorporating energy-efficient features such as new windows, HVAC systems, and enhanced insulation not only reduces utility costs but also offers an ROI of up to 60-70%. These upgrades are increasingly sought after by environmentally conscious buyers in Barrie.


Partner with Ace Contracting for Your Home Renovations in Barrie

Ace Contracting is your trusted partner for all types of home renovations in Barrie. Whether you’re upgrading your kitchen, adding a second suite, or transforming your home’s exterior, our experienced team ensures top-quality workmanship that maximizes your investment.

 
 
 

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