905.639.7676 clinton@rmxemail.com

Similar to the “perfect wedding” that you have always dreamed of, having that “perfect home” is the second chapter to that dream. Ask yourself this question: Does it make financial sense to move forward and get the hardwood floors that you have always wanted? The answer is yes, it does.

Here is why

A study conducted by the team of Remodelling Magazine took a look at the average cost for a list of popular remodelling projects with the value those projects retain at resale. Here are the findings:

  1. Replacing practical features like installing smart lighting and automatic windows are on average more valuable upon resale
  2. Similarly, exterior projects have a higher overall cost-value ratio, for example, adding a deck.
  3. If you really feel like spoiling yourself, remodelling larger areas such as bedrooms, basements and bathrooms, require a large initial investment but potentially lead to better resale price to the owners making up for the investment.
    I recommend using home equity to finance your large projects. This is because home equity loans offer a lower interest rates when compared to other lines of credit.

So let’s talk about getting you that hardwood floor, shall we?

Clinton Howell

Sales Representative

RE/MAX Escarpment Realty Inc., Brokerage
Independently Owned & Operated
2180 Itabashi Way, Unit 4A
Burlington, ON L7M 5A5

Phone: 905.639.7676
clinton@rmxemail.com

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