A simple home renovation can make a dramatic impact on your home’s function and appearance. But sometimes, you don’t know where to start when there are so many ideas to choose from.

It is always best to base a home renovation decision on one thing – your needs. It is important to ask yourself what you need for your home. Do you need a more spacious and inviting kitchen? Would you like to enhance your outdoor space? Do your walls and ceilings need a makeover or do you need to create additional living space with your basement?

Once you determine what you need, you can start to plan your budget. It is important to know from the start how much you can spend for your project. When you have established a budget, you can start looking for the right contractor in Vaughan to help you with the design and construction.

Many home renovation projects will require a building permit. You can refer to Vaughan Building Standards to verify building permit requirements.

Popular home renovation ideas in Vaughan you can consider

Depending on your goal, you can consider many different types of home renovation that can improve the way your home functions and increase its market value.

Many homeowners renovate because:

• they want to increase the home’s market value
• they need more livable space
• to do repairs or replacements
• to improve energy efficiency
• increase comfort
• tailor the home to changing needs or lifestyles
• prepare for a home sale or increase the selling price

Some home renovations create more space and increase the home’s market value at the same time. These renovations include the following:

Kitchen renovation

The kitchen is a very important part of the home. This is where you prepare and eat meals and gather at the start or end of the day.

For most homebuyers, the kitchen is a big factor in a buying decision. Thus, a kitchen renovation can make the home more inviting and comfortable while improving the value of your investment.

Major aspects of a kitchen renovation can include:

• floor renovation
• kitchen cabinet replacement or refinishing
• New countertop: granite, marble, butcher block, etc.
• plumbing upgrade
• under cabinet lighting
• window replacement
• new appliances
• new sink and fixtures
• backsplash

For a standard-sized kitchen (150 to 175 square meters), the average cost of a renovation is from $25,000 to $52,000.

For this type of project, the return on investment can be huge especially if you go for a mid-range remodel wherein you can recoup expenses by as much as 58.6% according to Remodeling Magazine’s Cost vs. Value Report.

Bathroom Renovation or Addition

A bathroom is one of the most frequently-used rooms of a house. If a bathroom is too small, it is a good idea to renovate to create space and make it more convenient and comfortable. A house with only one bathroom can also increase in value with a bathroom addition.

There are contractors who specialize in bathroom renovations or bathroom additions. They can provide valuable assistance in the design, choice of materials, budget, and construction issues. Most of them offer turn-key projects for a completely stress-free and convenient home renovation.

Major aspects of a bathroom renovation can include:

• demolition
• floor renovation
• backsplash
• new toilet fixtures
• plumbing upgrades
• new vanity
• new cabinets
• lighting
• walk-in shower or tub
• new windows
• painting
• walls and ceiling

It can be difficult to calculate the cost of a bathroom renovation. The size of the area, materials, design, upgrades, and the scope of the project will affect the total price.

A small bathroom with simple upgrades can cost from $9,000 to $12,000 while a high-end remodel can require a minimum of $20,000.

The bigger the bathroom, the higher the associated costs such as tiling and paint. The quality of the fixtures (faucet, shower head, water closet, bath tub, etc.) will also contribute to the size of the budget.

Hiring a bathroom contractor can save you money in the long run because the project takes less time, no materials are wasted, and the quality of the work is assured.

The average ROI for a bathroom renovation is about 70%.  The good news is that you don’t even have to do a complete renovation to increase the value of your home.

Basement Renovation

Many homeowners want a basement renovation because it increases the resale price of a house and creates as much as 35% additional living space.

A dark and musty basement that is only used for storage can be turned into an additional suite, a basement kitchen, an entertainment area, a home office, a home theater, and just about anything you dream of!

It is also popular to turn a basement into a rental unit with a separate access to create passive income. With the high demand for housing, a nice basement apartment can fetch a monthly income that could pay off the mortgage.

Standard Basement Finishing

Finishing a basement means turning it into livable space. This often involves framing, walls, flooring, and painting. Insulation, plumbing, and electrical will also increase the cost.

You can spend from $10,000 to $18,000 for a finished basement but the price will also vary based on the size of the area, materials you select, and features you require. If you want to put a bathroom or a bar with a sink, the cost of plumbing or electrical repairs will add to the cost.

Basement Remodeling

If you have a finished basement but want to renovate it, you can create new space and change the function of your basement area.

The cost will depend on the scope of your remodel from your existing space. For instance, if you want to turn it into a basement apartment, you will need to create a separate egress from the main house. You will also need to install a bathroom and add other amenities such as a kitchen or kitchenette.

If you add new rooms or expand the foundation, the cost also increases.

A basement finishing or remodel is major construction work that must meet safety and health standards. It is not advisable to undertake a DIY basement project unless you are experienced in construction. Substandard improvements can result in serious problems to your home or pose risks on your safety or health.

Although the cost associated with a basement renovation can be as high as $50,000, the ROI is also significant and results in a drastic increase in the potential selling price.

Consult a professional basement contractor for your project to ensure the best value for your project.

Patio Renovation

Many homeowners want to increase outdoor space to enjoy. A patio is one of the best ways to improve exterior space in the home which is also considered as livable space. Thus, you can enjoy nature while being comfortable dining, relaxing, entertaining, or working in a patio.

A well-planned patio can provide your home with a look and style that is unique and tailored to your lifestyle.  A backyard patio can also make your home more desirable and increase its selling price.

Stone patios are elegant and need very little maintenance. Using interlock pavers, you can design a beautiful stone patio you can use throughout the year.

What do you need to get a successful patio renovation? First, you should find a patio contractor in Vaughan with a good track record. A contractor can help you find the best design for your space and materials tailored to your budget.

The cost of a patio renovation depends on several factors – size of your patio, design, and materials. Do you want an open or covered patio? Your contractor will ask your preferences and offer solutions that meet your needs and budget.

Some covered patios are quite sophisticated and can feature amenities such as:

• a fireplace,
• a dining area,
• a bar,
• a lounge area
• an outdoor kitchen

To get an accurate quote for your patio renovation, get free and no commitment quotes from our partner contractors to compare and choose from.