Small Bedroom Complete Home Renovations in Calgary

A small bedroom doesn’t have to feel cramped or limited in functionality. With smart and complete home renovations in Calgary ideas, you can transform your compact sleeping space into a stylish and practical oasis. By utilizing creative design solutions, maximizing storage, and selecting the right furniture, you can make the most of a small bedroom and create a cozy retreat that feels more spacious than its actual size. 

Learn all about several smart renovation ideas that will help you optimize your small bedroom’s layout and maximize its potential.

Choose Light Colours and Soft Tones

The colour palette you choose can significantly impact the perceived size of your small bedroom. Light colours and soft tones, such as whites, pastels, and neutrals, create an airy and open ambiance. Light walls, bedding, and decor reflect natural light, making the room feel more spacious and inviting. Consider adding pops of colour through accessories or artwork to add personality without overwhelming the space.

Optimize Bed Placement

The placement of the bed is crucial in a small bedroom. Position the bed against a wall or in a corner to free up floor space and create a more open feel. Avoid placing the bed in the center of the room, as this can make the space feel cramped. If possible, opt for a platform bed with built-in storage, providing a practical solution to keep the bedroom clutter-free.

Invest in Space-Saving Furniture

Selecting space-saving furniture is essential in a small bedroom. Look for multi-functional pieces, such as a bed with storage drawers, a wall-mounted desk that folds down when not in use, or a wardrobe with sliding doors to minimize the space needed for opening and closing. Additionally, consider using floating shelves or wall-mounted cabinets to keep the floor clear and maximize storage.

Utilize Mirrors to Create Illusion

Mirrors are a powerful tool in small bedrooms, as they reflect light and create the illusion of more space. Consider placing a large mirror opposite a window to reflect natural light or use a mirrored wardrobe or dresser to add depth to the room. Mirrors not only enhance the sense of space but also add a touch of elegance to the bedroom decor.

Embrace Vertical Storage

When floor space is limited, utilize vertical storage solutions to maximize the use of wall space. Install shelves, wall-mounted cubbies, or hanging organizers to store items without taking up valuable floor area. Vertical storage not only keeps the bedroom organized but also draws the eyes upward, making the room feel taller and more spacious.

Create an Illusion of Height with Curtains

Hang curtains close to the ceiling rather than just above the window frame. This creates the illusion of higher ceilings and makes the room feel more open. Choose light and sheer curtains to allow natural light to filter through, further enhancing the bright and airy atmosphere.

De-clutter and Organize

A cluttered small bedroom can feel overwhelming and visually constricting. Regularly declutter the space and keep it organized to maintain a sense of openness. Use storage bins, baskets, and drawer organizers to store items out of sight and maintain a clean and tidy appearance.

Use Multi-Functional Accessories

Opt for multi-functional accessories to add character and functionality to your small bedroom. For example, use a stylish ottoman that doubles as storage or a nightstand with built-in drawers. This approach minimizes the need for multiple furniture pieces, ensuring a clutter-free environment.

Conclusion

In conclusion, making the most of a small bedroom requires creativity, smart design choices, and practical storage solutions. By choosing light colours, optimizing bed placement, and embracing space-saving furniture, you can create a visually appealing and functional bedroom that feels more spacious than its actual size. Mirrors, vertical storage, and well-placed curtains further enhance the illusion of space and openness. Maintaining a clutter-free environment and using multi-functional accessories ensure that your small bedroom remains a cozy and inviting retreat. With these smart complete home renovations in Calgary ideas, you can transform your compact bedroom into a personalized sanctuary that perfectly suits your needs and lifestyle.

Mastered Home Renovation is your source for complete home renovations. Whether you are looking for custom home renovations or luxury home renovations, our goal is always to increase your dwelling’s overall quality and value. As honest, hardworking and seasoned professional contractors, we exceed our client’s expectations by utilizing the latest tools, techniques and technology, alongside high-quality materials. We execute big and small projects for every room, including bathroom renovations, basement development, bedrooms and kitchen renovations in Calgary. Experience master quality by contacting our Calgary renovators at (403) 700-7444 today!

Complete Home Renovations in Calgary Expected to Dominate in 2023

As the new year of 2023 continues to pass, many homeowners are looking to update their homes with the latest design trends and innovations. With remote work continuing to remain popular around the world, people have been spending more time at home as a result, which has resulted in a renewed interest in home renovation. Complete home renovations in Calgary are expected to soar in popularity in 2023 as homeowners continue to look for ways to improve their homes’ comfort, functionality, and aesthetics. 

Find out the top renovation trends expected to dominate in 2023 that will enhance your home in both appearance and value.

Home Offices

One of the most significant changes brought on by the pandemic in 2020, and continues to remain a fixture in the workforce for many, is the rise of remote work. As more people work from home, the demand for home offices has increased dramatically. In 2023, homeowners will continue to prioritize home offices in their renovation projects. Whether it’s a designated room or a small nook, homeowners will be looking for ways to create a functional and comfortable workspace. Popular home office features include ergonomic furniture, adequate lighting, and noise-reducing insulation.

Outdoor Living Spaces

With many people still wary of indoor gatherings and the spread of potential flu and infection, outdoor living spaces have become more important than ever before. Homeowners are looking to create outdoor spaces that are an extension of their homes, such as covered patios, outdoor kitchens, and fire pits. In 2023, expect to see more renovations that focus on maximizing outdoor living spaces. Features such as outdoor heaters, lighting, and comfortable seating will be popular additions.

Smart Home Technology

Smart home technology has been steadily increasing in popularity over the past few years, and 2023 will be no exception. Homeowners are looking for ways to make their homes more efficient and convenient, and smart home technology is the perfect solution. From automated lighting and thermostats to voice-activated assistants and security systems, smart home technology is expected to dominate in 2023 renovations. Not only does it make life more comfortable, but it also increases the value of the home.

Eco-Friendly Upgrades

As awareness of climate change and environmental issues continues to grow, more homeowners are looking to make eco-friendly upgrades to their homes. In 2023, expect to see a surge in renovations that focus on reducing energy consumption and waste. Features such as solar panels, energy-efficient windows, and smart thermostats will be popular additions. Additionally, homeowners will be looking for ways to incorporate sustainable materials into their renovations, such as bamboo flooring and recycled glass countertops.

Luxury Bathrooms

Bathrooms are no longer just functional spaces; they have become a place for relaxation and self-care. In 2023, homeowners will be looking to create luxurious bathroom spaces that are both functional and aesthetically pleasing. Features such as heated floors, freestanding tubs, and spa-like showers will be popular additions. Additionally, homeowners will be looking to incorporate natural materials such as marble and stone into their bathroom renovations.

Open Concept Living

Open-concept living has been a popular trend for several years now, and it shows no signs of slowing down. Homeowners are looking to create spaces that are more conducive to socializing and entertaining, and an open-concept floor plan is the perfect solution. In 2023, expect to see more renovations that focus on creating open-concept living spaces. Features such as large windows, high ceilings, and minimalistic design will be popular additions.

Conclusion

2023 is set to be a year of exciting home renovation trends. From home offices to luxury bathrooms, and outdoor living spaces to smart home technology, homeowners will have plenty of options to choose from when pursuing complete home renovations in Calgary. Whether you’re looking to create a more functional workspace or a luxurious bathroom, there’s a renovation trend for everyone.

Mastered Home Renovation is your source for complete home renovations. Whether you are looking for custom home renovations or luxury home renovations, our goal is always to increase your dwelling’s overall quality and value. As honest, hardworking and seasoned professional contractors, we exceed our client’s expectations by utilizing the latest tools, techniques and technology, alongside high-quality materials. We execute big and small projects for every room, including bathroom renovations, basement development, bedrooms and kitchen renovations in Calgary. Experience master quality by contacting our Calgary renovators at (403) 700-7444 today!

Planning for complete home renovations

Home renovations involve converting or adding to your current house to give it a new look and feel and are usually the most undertaken by professional contractors, or a team of labourers, with a helping hand from the homeowner. The important thing about this type of work is that it can be quite expensive and time-consuming, but with some careful planning, you can get a great result in the end. Complete home renovations in Calgary will help you to create a new image for the whole house. But many homeowners might feel stuck in relation to where they should begin such a massive project. 

Find out how to begin planning for your home renovation, what is involved, who to hire for help, and how to effectively mitigate an overwhelming project.

Hire the right professionals to help you with your ideas

A good place to begin your renovation project is to make sure that you have the right professionals to help you with your projects. This will ensure that the job is done in a good way and will also guarantee that there are no mistakes made while undertaking a project. Professionals help in better execution of the project, thus reducing your expenses in the end.

Determine the area where you will be doing the project

Before you start, determine the area where you will be doing the project. You should decide if it is a home renovation or an office refurbishment, depending on what type of facility each one of them involves. Make sure that you have enough room within your budget to do this job properly.

Start planning for your renovations with a small project first

Even before you start planning for large renovations, you must get your work done right on a small scale and then test some ideas out to see how they work before going ahead with bigger projects. This is important because you can make some changes and get a better result, which will reduce the cost of the job.

Get yourself familiarized with different types of renovations in your area

It is important to become familiar with different types of renovations so that you can determine the most appropriate one for your project. This will help you decide if a certain project is suitable or not, and it will also put you in touch with professionals who are qualified to handle this type of work. The right professionals will also help you choose the best materials which are used in completing home renovations. 

Decide how much it will cost you in the end

Determine how much you want to spend on the project, begin your renovation budget, and decide whether or not you have enough money to do it. This is an important step because you will only get a good result if you have enough money to complete the job. You can find the cheapest ways of doing house renovations online, and upon finding ways to do house renovations online, use a professional website that offers free quotes from various contractors and professionals to see estimated costs.

Conclusion

Complete home renovations in Calgary are necessary because you need to ensure that your house looks great from the inside and the outside. It is a worthwhile investment to ensure that you get good value for your money in the long run. The home should be renovated by professionals who will provide quality service to you and will help you navigate the beginning steps of your renovation.

Mastered Home Renovation is your source for complete home renovations. Whether you are looking for custom home renovations or luxury home renovations, our goal is always to increase your dwelling’s overall quality and value. As honest, hardworking and seasoned professional contractors, we exceed our client’s expectations by utilizing the latest tools, techniques and technology, alongside high-quality materials. We execute big and small projects for every room, including bathroom renovations, basement development, bedrooms and kitchen renovations in Calgary. Experience master quality by contacting our Calgary renovators at (403) 700-7444 today!

The most expensive complete home renovations in Calgary

When it comes to saving money in association with complete home renovations in Calgary, some projects could cost you a significant amount that could also be a gamble regarding a proper turnaround and an increase in property value. Whether it be having to rejuvenate a total fixer-upper or installing a new HVAC, electrical, or plumbing system, there are many renovation projects that will culminate in an extremely high price, more than you might want to spend as a homeowner. 

Determine the most expensive home renovations, their estimated price, and why they are so routinely expensive. 

Kitchen

A kitchen renovation is a very common remodelling project that many homeowners opt for because it allows room for personal customization and comprehensive enhancements within a room that is so vital for any household. These renovation costs will also greatly vary, depending on the extent of the project, which can include restoring the original structure, replacing appliances and fixtures, installing new countertops and cabinets, and redoing the appearance of the walls and floors. Because of the varied aspects that go into kitchen remodelling, the overall price can range from $5000 to $50 000. Of course, there are ways to cut back on such a price, but that completely depends on the materials and appliances you choose to purchase for the project.

Roof replacement

A roof serves as a protective fixture on a home; when a replacement is needed, it is a vital remodelling that a homeowner must undertake. Unfortunately, a roof replacement can be pricey and is rarely something you should try to cut corners on to save money for the safety of your home. Depending on the size of your roof, the materials you use, and the complexity of your home’s structure, a roof replacement can range anywhere between $15,000 to $30,000. 

In-ground pool

Landscaping projects will always range in price; whether you’re installing a porch, a new garden, or a new stone walkway, you can expect to pay a significant amount. Of course, this amount will only grow if you want to incorporate an in-ground pool into a landscaping project. Before you begin to calculate maintenance costs, the installation of the pool itself can cost around $25,000 to $35,000. This steep cost will continue to grow when you add the fact that you’ll be paying around $5000 per year on pool maintenance.

Bathroom renovations

Much like your kitchen remodelling project, there are many different approaches you can undertake for your bathroom renovation that will make the overall price fluctuate. You’ll also need to receive a consultation from a plumber to ensure all is okay with the general plumbing before you begin to make any drastic changes, a consultation that will add to your renovation price. Between the countertop installation you can receive, obtaining new bathroom fixtures, and lavish decor, a bathroom renovation will tend to cost you anywhere between $3000 to $35 000. 

HVAC installation 

One renovation project that may not seem like it could be an expensive fixture is to install a brand new or replace your older HVAC system. An HVAC system is a necessity for any household to keep the interior properly ventilated, heated and cooled when applicable. Between having to pay for a professional to install vents and the like, you can expect to pay anywhere between $5000 to $7000 for HVAC installation. 

Mastered Home Renovation is your source for complete home renovations. Whether you are looking for custom home renovations or luxury home renovations, our goal is always to increase your dwelling’s overall quality and value. As honest, hardworking and seasoned professional contractors, we exceed our client’s expectations by utilizing the latest tools, techniques and technology, alongside high-quality materials. We execute big and small projects for every room, including bathroom renovations, basement development, bedrooms and kitchen renovations in Calgary. Experience master quality by contacting our Calgary renovators at (403) 700-7444 today!

Why you should never DIY complete home renovations in Calgary

Home renovations are arduous and time-consuming affairs, where your home can become unlivable and will be in a constant state of disarray for what seems like, forever. Of course, with the help of a contractor and a team of professionals, the process of complete home renovations in Calgary will be much more detailed, and you’ll have your home back, looking better than ever, in a shorter amount of time. Some homeowners will be repelled by the high price of hired contractors and labourers that will be tacked on to the already steep cost of general renovations. Still, the assistance is more invaluable than many may realize. 

Understand why you should never attempt to do home renovations by yourself and why the hired contractors are worth expanding your renovation budget. 

Lacking the tools

One of the most overt reasons why it’s near impossible to complete home renovations yourself is because you lack the required extensive collection of equipment. Most renovation tasks, either minuscule or big, require certain tools to complete them properly. Tools that include basic ones, like a hammer or screwdriver, demolition tools and safety items are only some of the things needed to modify your space into a functioning home. 

Woman preparing to paint her home in the midst of a home renovation

Skills

To complete a home renovation, you will need the skills and knowledge related to the entire remodelling process. It’s difficult to retain knowledge about permits and codes, design structures and fallacies while also acquiring the abilities to perform safe demolition and carpentry work if you have no experience in such vital areas pertaining to a renovation. If you lack the skills and knowledge related to the renovation process, it is best to contact a professional who is adept and familiar with all things renovations. 

Potential injuries

When you lack the proper skills and knowledge to take on an entire home renovation, any injury can likely occur. As you try to lift heavy objects beyond your capacity, going through with the enormous elements that a demolition requires, or handling heavyweight tools that are liable to hurt you can all cause injuries of varying severity. It can be hazardous to pursue many of the actions a renovation requires alone when things can go awry quickly and easily. 

Increased costs 

According to home renovations experts, home renovation costs will increase when you attempt to do a DIY project. Poorly installed windows and doors, trying to repair a roof, and resurfacing concrete on your driveway and patio can be especially difficult to do alone. When they are not finished correctly, you’ll eventually have to pay out of pocket for someone else to redo them properly. You can also significantly damage your home due to poorly installed plumbing and electrical wiring. You will end up paying more for repairs than if you initially hired professional help. 

Resale

The damages you cause to your home by trying to make entire home renovations into a DIY project can ultimately impact the resale value of your home. Potential buyers will not take kindly to seeing poor workmanship in critical areas of a home, like windows that are easily liable to air leaks, and the value of your home can decrease as a result. 

Time

If your time is valuable and you would like to see your complete home renovations in Calgary completed sooner rather than later, then doing the renovations yourself is not the option. Home renovations will take a period of time to complete, but the time of completion will certainly lengthen if you don’t have the help of a knowledgeable team. 

Mastered Home Renovation is your source for complete home renovations. Whether you are looking for custom home renovations or luxury home renovations, our goal is always to increase your dwelling’s overall quality and value. As honest, hardworking and seasoned professional contractors, we exceed our client’s expectations by utilizing the latest tools, techniques and technology, alongside high-quality materials. We execute big and small projects for every room, including bathroom renovations, basement development, bedrooms and kitchen renovations in Calgary. Experience master quality by contacting our Calgary renovators at (403) 700-7444 today!

A home is a beloved sanctuary for many people, where they can bask in the comfort of a familiar and congenial place. But as your oasis begins to age and trendy home decor shifts and changes rapidly, you might wonder when is the best time for a home renewal and to start a complete home renovations project. What are the signs that your home needs remodelling, and how often should you be considering a renovation?

Find out all about home remodelling and when is the perfect time to customize your home to amplify its value and renew its appearance.

How often should you remodel your home

Sometimes you don’t need a concrete answer as to when you should renovate your home because there might be tell-tale signs that your remodel is desperately needed. If your flooring is beginning to become misaligned, particularly in the kitchen and bathroom, where tiles can become detached after some years, it is worth considering a home remodel. Similarly, if your paint is becoming noticeably chipped on the walls of your home, or the roof has become leaky, a renovation of some sort will give you a chance to remedy these problems that have manifested over time. 

Fixing issues like a draft in your older home can save you money and add value to your home, making renovating your home a worthy endeavour. 

Time

If you are unsure if you should be remodelling your home, you can simply ask yourself how long ago you last made significant renovations to your house. If in good condition, it is recommended you remodel every 15-20 years, although you should do it sooner if your house is in disrepair of any kind. If you feel enough time has passed where your home’s decor is outdated and not in style anymore, remodelling can bring your home up to date. 

Another factor to consider before you embark on your renovation journey is how long it might take. Depending on the type of remodelling you want, it can take anywhere from a few weeks to months. This can easily be configured based on the size of the room you want to be remodelled and the extent of renovations you want to complete. An entire household renovation can last up to eight months with underlying damages that might be discovered during the renovation that could extend the process, something you will want to assess before going through with an extensive remodel. 

Organization

If you have decided that now is the time to renovate your home, organizing a plan to execute will accelerate the process. Checking if the house is safe for renovation should be a top priority. Structural damage of any sort should be taken care of before you pursue your project. And don’t be afraid to ask for help from a professional; such resources are vital in renovating safely and promptly. 

Mastered Home Renovation is your source for complete home renovations. Whether you are looking for custom home renovations or luxury home renovations, our goal is always to increase your dwelling’s overall quality and value. As honest, hardworking and seasoned professional contractors, we exceed our client’s expectations by utilizing the latest tools, techniques and technology, alongside high-quality materials. We execute big and small projects for every room, including bathroom renovations, basement development, bedrooms and kitchen renovations in Calgary. Experience master quality by contacting our Calgary renovators at (403) 700-7444 today!

Renovating your home can be a daunting task. It can also be an extremely rewarding experience, depending on how you go about it. Whether you are completely renovating your home or just making a few changes, there are some things to keep in mind to get the most out of your investment. The cost of home renovations in Calgary is difficult to determine since the cost will be greatly influenced by the scale of the renovations and what materials you choose to buy. But in general, the cost of complete home renovations in Calgary is around $153 per square foot, which equates to about $39,000 for a 1,500 square foot house. This figure doesn’t include the cost of land or any appliances you might add.

Common Complete Home Renovation Projects

The average home in Calgary has three bedrooms and two bathrooms. If it’s only been a few years since you last looked at your home or if you’re moving into a new area, then most likely, there will be some changes that need to be made. Some of the most common renovations include:

– Kitchen Remodelling

– Finish Basement

– Adding Bedroom(s)

– Add Ensuite To Master Bedroom

– Finish Main Floor Den/Rec Room

– Enlarge Backyard Patio

Cost Range for Complete Home Renovations in Calgary.

Bathroom Remodel – $7,000-$15,000

Many people decide to redo their bathroom because it’s become too small for them, or perhaps they just want an updated look. This will depend on the type of materials that you are using, the size of the bathroom, and whether or not it’s a complete redo or just cosmetic change.

Master Ensuite – $17,000-$30,000

Adding an ensuite to your main bedroom can be very beneficial. It can give you an entirely new space in the house and make the master bedroom feel like a luxurious spa. The cost will depend greatly on what type of materials you want to use and how much work is involved with creating the ensuite.

New Home Additions – $100,000 – $500,000+

For those looking for more space but don’t want to move, an option is to add to their existing home. This added space can range from a family room to a full basement with bedroom(s) and living area. Once again, the cost for a project like this will depend greatly on the size of the addition, but also on things like whether you are adding out or up, if it’s part of your original design or not, and if any of the interior walls need to be moved.

The cost of complete home renovations in Calgary will depend on what you want to do and how much work is involved. If it’s a complete renovation, then costs can start at $153 per square foot. If it’s something simple like changing the paint colour in the main areas of the home with some touch-ups around the edges, then the cost will be significantly less. Whatever the scale of your complete home renovations in Calgary, make sure you choose materials with your family’s needs in mind and that you have a good design plan.


At Mastered Home Renovations, attention to detail is our specialty. Your home renovation is sure to meet all of your functional and stylistic needs. It is our mission to turn your dream home into a reality. Contact us for a quote to get started.

It’s no secret that complete home renovations in Calgary are typically done in the spring and summertime. That’s because it’s typically much easier to build during these months due to the warmer weather. Unfortunately, Albertans know all-too-well just how precious little warm weather we experience throughout the year, and it can be difficult to squeeze all your home renovations projects into such a small time frame. That leaves many Albertans wondering if some renovation projects can be tackled in the winter.

Fortunately, the answer is yes! Let’s take a look at the best projects to start in the winter for home renovations in Calgary.

Benefits of Winter Renovations in Calgary

Since the spring & summer months are peak times for complete home renovations in Calgary, it can be difficult to plan & schedule your dream renovations because everyone else is doing the same thing at the same time. Contractors’ schedules are packed, and the waiting list for permits is backlogged. 

The benefits of doing your renovations in the winter are that you’ll find contractors are much more flexible with their schedules, so you can get your project done at your preferred time. The slow season also allows you to start your projects faster because fewer people are applying for permits, and you won’t have to wait as long to get yours approved. Lastly, doing some of your renovations in the winter frees up time to prioritize bigger projects that are best tackled in warmer weather.

Home Renovation Projects to Start in Winter

Naturally, the best projects to start in the winter are projects that don’t require a lot of work outdoors. Here are a few projects that you can get started in the winter.

Replace Your Inefficient Lights

You can add value to your home and fight back against the long winter nights by upgrading your old lights with more illuminating and energy-efficient light fixtures. Not only will this help lower your energy bills, but you can upgrade your home’s aesthetics with stylish fixtures and bright lights.

Upgrade Your Kitchen Cabinets

Remodel the heart of your home in the heart of winter by replacing your old kitchen cabinets with fashionable and functional kitchen cabinets. There is so much fun to be had when upgrading kitchen cabinets. From colours and styles to materials and handles, you can have a brand new set of custom kitchen cabinets before the snows melt, and it’s time to work on bigger projects.

complete home renovations calgary

Finish Your Basement

Sadly, basements are often left unfinished, but a finished basement can add a lot of value to your home and give you more interior space to enjoy. Whether you want more space for your kids to play, an entertainment room or a spare bedroom to host visitors, finishing your basement adds a whole new dynamic to your home. Paint your basement walls, add some new flooring, and update its decor to transform your basement from unfinished to unforgettable. 


At Mastered Home Renovations, attention to detail is our specialty. Your home renovation is sure to meet all of your functional and stylistic needs. It is our mission to turn your dream home into a reality. Contact us for a quote to get started.

Home renovations in Calgary are undoubtedly an exciting time in any homeowner’s life. You have the opportunity to see your home transform before your very eyes, becoming a space that is both more functional and beautiful.

However, it’s difficult to hide the fact that home renovation projects can cost a fair bit of money. So is there a way to make some money back in the process?

Let’s explore some of the best upgrades you can make to your home that will increase its value, both for you and for prospective buyers.

3 Upgrades That Increase Home Value

Bathroom Remodel

Bathrooms are one of the most utilized rooms in the home, but are often one of the last to be touched when it comes to home renovations– and it shows! Outdated bathrooms can add a dingy, out-of-style feel and often show the true age of the home. Both homeowners and buyers alike are less than inspired by such a room.

Fortunately, according to the Appraisal Institute of Canada, you can see a return on investment of up to 75% when you remodel your bathroom. By simply replacing your vanity and modernizing the fixtures, features, and colours, you can completely transform the space and your home’s value.

Additionally, consider adding a second bathroom to your home if you currently only have the one. Prospective buyers will find great value in this second bathroom, even if it’s simply a powder room, as it eliminates logistical issues when it comes to family living.

increase home value image

Basement Development

While basement developments aren’t an easy project to take on, they’re more than worth it. From a convenience perspective, you are adding liveable space to your home and utilizing an area that was likely just used for storage. From a financial standpoint, meanwhile, you can see a return on investment of roughly 50%.

As a note, the square footage of a basement is generally valued at half of what the main floor’s square footage is. Therefore, unless you intend to live in your home for a while, it’s recommended you don’t invest more than 10% of your home’s value into a basement development.

Kitchen Renovation

The kitchen is the heart of the home, and also one of the focus pieces when it comes to home buying. Therefore, having a modern and up-to-date kitchen can go a long way in catching the eye of potential buyers and increasing the value of your home.

The size and scale of your kitchen renovation will influence the return on your investment. It may surprise you, but more simple renovations, such as updating features, fixtures, and appliances, can actually offer a higher return on investment of up to 80%. More complex renovations that involve changing the floor plan and moving electrical and plumbing will naturally cost more but don’t tend to offer the same rate of return, falling closer to 50-60%. 

That said, your kitchen is one of the defining spaces in your home, so whether you intend to renovate for yourself or others, the investment is more than worth it.

At Mastered Home Renovations, attention to detail is our specialty. Your home renovation is sure to meet all of your functional and stylistic needs. It is our mission to turn your dream home into a reality. Contact us for a quote to get started.

Complete home renovations in Calgary can be an incredibly exciting, worthwhile journey as you watch your house transform into your dream home. However, these projects can also be quite costly, and may require significant budgeting and saving.

But what if there was a way to make back some of your initial investment? Let’s explore whether home renovations are tax deductible in Canada.

Combining Home Renovations and Tax Deductions

HATC

When it comes to claiming expenses during tax season, the Home Accessibility Tax Credit is the most popular option that allows homeowners to see some return on their investment. The HATC enables individuals 65 years of age or older, or disabled people of any age, to claim up to $10,000, provided their renovations were designed to make their home safer and more accessible. 

Since this is a non-refundable tax credit, you would be eligible to receive 15% of the renovation costs as a reduction on your taxes. Simply ensure that you meet all of the CRA’s requirements to confirm you are an individual (or care for an individual) who fits this category.

complete home renovations calgary

GST/HST New Housing Rebate

This option is a bit more picky when it comes to covering home renovations. While this rebate was designed to apply to those buying or building a new home, you can actually make it work for you, provided your home renovations are deemed substantial enough. The Canada Revenue Agency defines “substantial” as renovating at least 90% of your home.

Essentially, this rebate is available to homeowners who completely gut and redo their home. As a note, those hoping to flip a house and use this rebate may be out of luck; the home you are renovating must be considered your primary residence.

Provincial Tax Credits

A few provinces, such as New Brunswick and British Columbia, also offer their own tax credits. However, their guidelines and requirements tend to be similar to that of the HATC and focus on seniors and individuals with disabilities.

Conclusion

If you are looking to simply update your kitchen or redo your bedroom, you will likely not be eligible for tax deductions. However, if you intend to significantly alter the interior of your home and conduct a complete home renovation in Calgary, then you may see some money returned to you during tax season.

At Mastered Home Renovations, attention to detail is our specialty. Your home renovation is sure to meet all of your functional and stylistic needs. It is our mission to turn your dream home into a reality. Contact us for a quote to get started.