Home Renovation Trends to Increase Property Value
Posted by Greg Dewar on
It is no secret that a home with all the bells and whistles will be more attractive than the shack at the end of the street. This is because the nicer a house looks, the more appealing it will be to prospective buyers. It shows that the owner really cared about the property and put hard work into making it an extraordinary living space. If your home is in decent shape, but could stand to use a few upgrades, try these home renovation trends that are sure to increase your property value.
Flooring
Upgrading the home’s flooring is one of the best things you can do for resale. Most house hunters find it difficult to look past a house with stained pink carpet from the ‘70s. Take the carpet out and install a solid wood or laminate floor. This will ensure…
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A tree-lined street with century-old oaks and stately, ancient homes has great curb appeal. However, before you invest your life savings into purchasing an antique home with tons of character, make sure you know what you are signing up for. Keep in mind that there is a huge commitment in time, cost and energy. Do as much as you can before you make an offer to avoid unforeseen issues down the road.
Owning a home in the country is a dream for many people. Wide open spaces, fresh air, plenty of room to do your own thing – it is understandable that living a rural lifestyle is appealing. But when you get down to the actual home buying process in a country environment, it is important to remember that such properties present a unique set of potential problems.
Buying and selling property in Ontario is very nuances. Seasons and weather factor heavily in determining the real estate market; the busiest time for both buying and selling is in the spring and to a lesser extent the fall. Unfortunately, if you are caught between these high times, it can be very difficult to move on a property. The conundrum is that in Ontario, the best time to buy and sell often coincide. So, it can be difficult to get a good deal (buying) and drive up asking prices (selling) when the market is so competitive
Living in the city can be a great choice for many people. The culture, the nightlife, and the proximity to essential amenities can be an alluring draw for those looking to live at a faster pace than in the suburbs or country. Add this to the fact that many Southwestern Ontario cities, like Cambridge, are sponsoring multi-million dollar projects to update and improve their downtown cores and you may have a compelling argument for living the city lifestyle!
Shopping for a new home can be an overwhelming experience. When you’re busy looking at multiple homes over a short period, it can be easy to miss details in a house which might add a lot of value to you and your family’s living experience in the long run. In this blog, we’ll look at several updates, installations and features you should look for in a property when choosing a new home.
There are many important factors to consider when buying a new home, and certainly high on the list is the location of the new property. Even something as innocuous as whether the home catches the sun in the morning or evening can influence a purchaser’s buying decision. This blog will explore location-based characteristics to consider when buying or selling property. It can be used by home buyers – to ensure they’ve considered all relevant location-related questions when inspecting a new property – and by sellers – to help accentuate the positive aspects of their land’s location when marketing their home.
If you are preparing to buy your first home, there are additional pre-closing, closing, and post-closing costs above the down payment that you may need to include in your budget. At Dewar Realty, we can help you through the home buying process so you don’t get hit with unexpected fees. Check out our guide below.
When I talk to millennials (those born between 1980 and 2000) their number one concern when it comes to property ownership is affordability. To be fair, they have a lot of legitimate financial challenges ahead. A volatile labour market, high demand for real estate, and rising property prices in major urban centres combine to make it difficult for this new generation to buy a house at an early age. However, a willingness to compromise on location, strong financial prudence, and knowing what they want in a home can go a long way towards helping millennials purchase the perfect house for them.
Many home buyers feel like they know what to expect when finalizing their new home purchase. However, there are many questions a home buyer needs to remember to ask, especially during the home inspection. Knowing what to ask will help reduce the risk of something being overlooked or missing something beneath the surface. This can cause additional out-of-pocket expenses for the buyer after the purchase has been finalized.