The Appraisal Institute of Canada's most recent Renovation And Home Value survey lists the 10 renovations that have the greatest financial return at resale time. In a poll conducted annually, 200 appraisers nationwide are asked to rank renovations by their return on investment. The results are summarized as a percentage of the money spent on each renovation that a homeowner can expect to recoup when they finally move.

AVERAGE RETURN ON INVESTMENT

1. KITCHEN 68% RETURN

2. BATHROOM 64% RETURN

3. PAINTING 64% RETURN

4. FINISHED BASEMENT 50% RETURN

5. NEW FURNACE 50% RETURN

6. FAMILY ROOM ADDITION 49% RETURN

7. LANDSCAPING 45% RETURN

8. EXTRA APARTMENT 42% RETURN

9. NEW WINDOWS/DOORS 39% RETURN

10. CENTRAL AIR CONDITIONING 38% RETURN