The Globe and Mail reported last month that the average Ontario family is having a difficult time finding homes to accommodate their expanding families. As housing prices surge, some experts say home renovations may be the answer. If done properly, this could also lead to maximizing the value of your home when and if you choose to sell. Below are five of our top reno tips!

1) Increase efficiency, not size
You don't necessarily need to blow out walls to create more space. Reorganizing your kitchen is a great place to start—replace space-hogging shelves with more compact cabinets. Designing custom cabinets with pull-outs and dividers is more cost-effective than a complete kitchen makeover.

2) Bring in natural light without adding windows
To brighten up a windowless bathroom or hallway you could install a light tube, which slips between roof rafters and funnels sunshine down into your living space.

3) Tap your contractor's sources
On every job site there is a ton of what is usually thought of as waste. Speak to your contractor about collecting materials from their other job sites and you could save yourself money. Some people's leftovers could turn into part of your new hardwood floors!

4) Recreating the outdoors
You don't necessarily need to have a green thumb to enhance your home. Adding shrubs or trees at the front of your home, or even a pathway to the property are cost-effective ways to add extra value if done well. Remember, first impressions count!

5) Make decisions early
Before the contractors and construction crews make their way into your home, head to your local hardware store or home building centre and peruse the aisles for what you want; and make sure it’s in your budget. If you aren't specific about what you want from your contractor you could end up paying more than you bargained for.