WHY SHOULD I RENOVATE?
There are two main reasons to renovate. The first is obvious, and it is to simply turn your living space into your dream home. The second is to increase your homes value.
HOW CAN I INCREASE THE VALUE OF MY HOME?
According to remax.ca, there are three main renovations that have a high return on investment. Kitchens, bathrooms, and flooring all average a 75-100% return on investment or more, meaning every dollar you spend on upgrades could actually increase the value of your home more than the amount you spent on the renovation.
I'M MOVING, IS IT WORTH IT TO DO RENOVATIONS?
Absolutely! A renovated home does better on the market and attracts sellers who aren't necessarily just looking for a good deal. Plus, by sticking to the high return on investment renovations discussed above, it's a low-risk investment that reduces stress and puts more money in your pocket.
I CAN'T AFFORD IT!
There are a variety of financing options available to you, such as a Home Equity Line of Credit, re-financing, construction loans, and more. We have a variety of trusted partners we can refer at various banks, as well as private mortgage brokers.