Invest in your Home
Renovations can be pricey, but investing in your home doesn’t have to break the bank. Take on a DIY project to save money while also yielding a return.
Your kitchen is a great place to start. Cabinet boxes are very durable and are meant to last. Your doors, however, take a toll due to everyday use. Refacing your kitchen cabinet doors is an excellent DIY project that absolutely anyone can do. By not hiring contractor you can save thousands of dollars that can yield a big return on investment.
According to the 2021 RE/MAX Renovation Investment Report, when it comes to the renovations that yield the best return on investment, Canadians see these as the best renovations to undertake:
- 70 percent of Canadians state redesigning larger spaces, such as kitchens or washrooms
- 33 percent of Canadians consider themselves to be very capable when it comes to home renovations and don't need professional help
Sixty-five percent of RE/MAX brokers surveyed also claim that kitchen upgrades, including cabinets, countertops, and appliances, yield the highest ROI for sellers, with 87 percent of brokers naming the kitchen renovation as the top home improvement resonating with buyers in the Canadian real estate market.
Cabinet refacing is a custom upgrade at an extremely affordable price. Whether this is your forever home or you’re looking to sell, stick with the classics. Shaker-style cabinet doors with a neutral colour will always be on-trend and will also add to the resale value.
Walking into your kitchen should give you a sense of joy. After all, it’s the perfect place to enjoy cooking and sharing meals with family and friends.
Refacing your bathroom vanity is also another great DIY project. Rather than buying a new vanity, breathe new life into your existing one by swapping out the cabinet doors and drawer fronts. Add a fresh coat of paint to the walls and you’ve got a brand new bathroom.
These minor changes can have a huge impact on your home!