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Prince Edward Island

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How to Get the Best Return From Your Next Home Renovations

  • Red Coast Construction
  • Apr 12
  • 2 min read

Updated: Aug 22


Thinking about renovating your home on Prince Edward Island? With careful planning and a few smart strategies, Red Coast Construction can help you can transform your space without breaking the bank. Here’s how to make every dollar count:


Start with a Realistic Budget and Plan


Do your research on renovation costs in your area and set a clear, realistic budget for your project. Always add a 10-20% cushion for surprises, and prioritize must-haves over nice-to-haves. We ca help you plan room-by-room, and we are sure to factor in all fees, including permits and taxes.


Choose Projects with High ROI


Some renovations offer better returns than others. Kitchens and bathrooms consistently provide the best bang for your buck, leading to greater demand from Island home buyers. Cosmetic updates like painting, replacing fixtures, and modernizing lighting are inexpensive updates that can have a major impact to the listing price of a home. Focus on upgrades that boost function, energy efficiency, and curb appeal to maximize value when you sell.


Use Smart Buying and DIY Where It Makes Sense


We can help you to shop around for materials, check for sales, and use leftover supplies when available to help you lower costs. Consider doing your own painting, landscaping, or simple upgrades to save on labour costs, but leave the complex jobs to the pros to avoid expensive mistakes in the long run.


Renovate in Stages and Avoid Scope Creep


Break your project into smaller phases if budget is a concern. This lets you pay as you go and reduces financial stress. Make design and material decisions early to minimize costly changes or additions later. Doing big projects off-peak (like winter) can also net you discounts from contractors like us who typically have more downtime than during peak summer seasons.


Leverage Government Incentives


There are Provincial and Federal agencies who offer financial rebates for energy-efficient upgrades like heat pumps, insulation, or windows that can help offset up-front costs. With a little planning our team can help you to research these rebates and help your renovation budget go much further—resulting in a fresh, functional, and valuable home.


PEI Home Renovations

 
 
 
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