Tag Archives: renovations

How to add value to your home before selling

By Emily Roberts

(Sponsored Content)

Over time, the value of your home can be expected to gradually increase in value, unlike most consumer purchases (like cars), which depreciate from the moment they are acquired.

As long as you’re living in the home, this price appreciation is seldom a gain you can pocket, and in fact, your property taxes may rise as a result. But eventually it should be able to be sold at a solid profit.

When you do decide to finally sell, you will want to get as much money for your home as possible. You will want to get a return on your investment and be able to afford your new home. In this article, we are going to give you some ideas on how you can improve the value of your home before selling. Keep reading if you’d like to find out more.

Build an extension

If you have a lot of space on your property, then you might find that adding an extension to the kitchen or the side of your home might actually make a huge difference to the overall value. Think about how much this could cost you and how much more you might be able to make on your house when you are selling it. People love to have extra space but don’t sacrifice a garden completely for a slightly bigger kitchen.

Add Insulation

If your home is not totally insulated, then you are not saving as much money on monthly bills as you could be. Many people forget to insulate their attics and their sheds, which can consume a lot of energy. Not only will you save yourself money on the bills, but you will also save the new buyer in the long run. Make sure to insulate your home and mention it to potential buyers when they are viewing your home.

Add an outdoor building

If you have some extra space in your garden you should think about investing in an outdoor building, which you can learn more about at Armstrong Steel: one of the most renowned providers. The buildings they provide come pre-made and so all you have to do is assemble them. When you have put it together, you can choose to do whatever you want with it. Continue Reading…

Consider home renovations, but also think about costs

Depositphotos_1845709_xsBy Pat Giles, TD Bank,

Special to the Financial Independence Hub

 With the spring homebuying season in full swing, real estate is a hot topic of conversation and many Canadian homeowners may be thinking of making a move.

A recent TD survey of existing homeowners and those planning to own a home reveals that renovation is also on the minds of many Canadians. In fact, 56% of respondents have considered, or would consider, renovating their current home or buying a fixer-upper rather than buying a move-in-ready one.

Many people find themselves in the situation where they love their neighbourhood but their current home doesn’t have enough space or it is in need of upgrades. These can be motivating factors for many to choose between renovating and relocating; but given the cost and stress associated with moving, home renovation proves to be a popular choice amongst Canadians.

But renovation does not come worry free. When considering the choice to renovate, 61 per cent of survey respondents say that cost is their biggest concern. Continue Reading…