| ::
Tips for selling a house |
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Here is a list of the top 10 renovations and
their average return on investment as determined by the Ontario
Association - Appraisal Institute of Canada
|
|
| Top 10
renovations |
Average
return
on investment |
 |
|
| Kitchen |
| Interior Painting
(basic) |
| Bathroom |
| Exterior painting |
| Family room addition |
| Central air
conditioning |
| New heating system |
| Finished basement
|
| New windows
|
| Landscaping |
|
| 78% |
| 74% |
| 74% |
| 63% |
| 55% |
| 52% |
| 50% |
| 49% |
| 48% |
| 35% |
|
|
|
|
|
:: Planning a renovation |
|
|
|
Make a Master Plan and keep your renovation goals in perspective. |
|
|
|
Have you ever given guests a guided tour of your house, and spent
the whole time apologizing about the "work in progress" bathroom or kitchen? |
| 1. step
|
Get an inspection if you haven't
already. Carry out urgent repairs that may cripple your house if left. For
example, roof leaks or rotting stumps. Cost: $1,000 and up. |
| 2. step |
Design the dream
| |
- Spend time with a professional qualified to discuss
your renovation needs and take into account your long term finance and
family needs.
- Without this stage you could end up making
regrettable decisions. For example, you could spend thousands on
landscaping and in a few years' time replace it with a family room
extension.
- Cost: Variable
|
|
"Poorly designed and managed renovations can result in costly
mistakes and poor returns on the sales of the home call Raavi.Inc 416 821 0666
or email for free and frankly Quote |
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