The Best House Improvements To Add Value To Your Home

Designer Felix Guyon shares a penthouse in a 25-storey building on Nuns’ Island in Montreal, with a stunning view of the Saint Lawrence River. Personal preference projects are nifty items that you want but that other people may not like or be willing to pay to get. In most areas of the country, these include amenities such as swimming pools, tennis courts, hot tubs, wine cellars, basement game rooms and ponds. Believe it or not, a swimming pool rarely adds value to a home in this day and age. First of all, it usually costs a small fortune to have an in-ground pool installed. Secondly, many homebuyers view a pool as a high-maintenance hassle and safety hazard – and for something that’s useable only a few months out of the year (unless you live in a tropical climate, of course).

Are you handy? If so, you could cut some costs … Read more

How Do Home Renovations Impact House Value?

Better Home and Gardens just released the results of a national survey asking two distinct sets of homeowners what they want to change in their home for 2018. Home or residential renovation is an almost $300 billion industry in the United States, 4 and a $48 billion industry in Canada. 5 full citation needed The average cost per project is $3,000 in the United States and $11,000-15,000 in Canada. Whether you intend to sell your home in the near future or stay put for the long haul, house improvements can increase the value of your property. But if you shudder at the thought of wasting your time on labor-intensive projects that may or may not add equity, you’re not alone.

Homeowners also underestimated the cost of new floors and new windows, with average household reno budgets coming in at just over $3,250 and just over $8,520, respectively. The anticipated floor … Read more

Do Home Improvements Add Value?

Homeowners can get repair and improvement grants from the Housing Executive in certain circumstances. We’re committed to providing you with a home that’s in good repair, modern and safe to live in. Each year we spend millions improving, maintaining and adapting our homes. We do this through planned programmes of work and we also allow you to make small improvements yourself, with our permission. Today’s housing market is leaner, pricier and more competitive than ever – and that has more homeowners deciding to remodel rather than move. Home renovation is a booming business. The choices for upgrades are endless, but some offer a far better payback than others.

AFTER: The renovated kitchen is a functional and comfortable space with a combination of mixed metals, sleek white cabinets and countertops, and new stainless steel appliances. A long kitchen island and barstools were added to the center of the room for easy … Read more

Do Home Improvements Add Value?

The images on this page show examples of council homes before and after improvement work. The real estate market always has its share of “flippers” – real estate investors with varying levels of expertise who buy properties and fix them up, only to turn around and sell them for a profit a short while later. However, before you get dollar signs in your eyes, realize that it’s mostly the pros who can make a living at this. They’ve got contractors on staff and a fine-tuned idea about how to get the highest return for the lowest project costs.

Outdoor living spaces are on the checklist for most new luxury home buyers,” says Graboyes. The ability to cook outdoors without running in and out of the home to retrieve food and utensils is a luxury any grill master can appreciate. Build your outdoor cookspace with a BBQ grill, mini bar, refrigerator, … Read more

The Improvements That Add Value To Your House

These 10 around-the-house improvements are well worth the investment. An in-ground pool costs anywhere from $10,000 to more than $100,000, and additional yearly maintenance expenses need to be considered. That’s a significant amount of money that might never be recouped if and when the house is sold. Just a year ago, more expensive renovation projects were considered more valuable when reselling the home, but that has changed. There is strong and growing demand today on the lower, more affordable end of the market; that is where the real shortage of listings lies. Fancier homes with high-end finishes are more plentiful and in less demand.

The best way to increase the value of your home is to add space. Adding an extra bedroom will earn you the most money, adding roughly 8.8% to your home’s value. So what’s putting people off carrying out home improvements? Well, as you can probably guess, … Read more