Which Renovations Add the Most Resale Value in Victoria, BC?
If you’re renovating partly to boost your home’s value, not all projects are created equal. Some upgrades reliably return most of their cost when you sell; others are mostly for your own enjoyment. Here’s where renovation dollars tend to go furthest for homeowners in Greater Victoria.
Kitchens lead the way. A well-executed kitchen renovation is consistently one of the best returns in home improvement, often recouping 60 to 80 percent of its cost at resale — and a fresh, functional kitchen helps a home sell faster. You don’t always need a full gut: updated cabinets, durable counters, and better lighting and storage go a long way.
Bathrooms are close behind. Bathroom renovations typically return around 62 percent on average, and modest, broadly appealing remodels can recoup even more. Buyers notice clean, modern, well-built bathrooms, and adding or updating a bathroom in a home that’s short on them can be especially valuable.
Decks and outdoor living. On the coast, outdoor space is a real selling feature. A professionally built wood deck can recoup roughly 73 to 100 percent of its cost — among the highest returns of any project — while making the home more enjoyable to live in right now.
Don’t forget curb appeal. First impressions matter. A clean, sturdy fence, a tidy entry, and solid exterior finishes make a home look cared-for before a buyer ever steps inside. These smaller projects are inexpensive relative to their impact.
A word of caution. You can over-improve for your neighbourhood, and highly personalized choices rarely pay back. The renovations that hold value are well-built, broadly appealing, and done to code with the right permits. Quality of workmanship matters as much as the project you choose.
Thinking about a renovation that adds value to your Greater Victoria home? Skilled Renos focuses on durable, well-built work — decks, kitchens, bathrooms and more — that looks great and holds up over time. Get in touch for a free quote.
Note: Resale figures are general estimates that vary by market and project; this isn’t financial advice.