Have you recently thought about renovating your home? Or maybe it's time that you consider upgrading that dated electrical or plumbing system, or get that new high efficiency gas furnace you've been saving for. Do you have to make major structural upgrades or are you possible considering finishing the basement now that you're settled and have that extra bit of cash. What about that pool, deck or new jacuzzi tub you've always wanted...is it worth it?
Are you curious WHICH improvements add the MOST value to your home?
Click on the link below for a small list of common home improvements made and what you can expect the value of your property to increase by if the upgrades have been done in a clean, safe and professional manner.
As stated in this document, the list provides “best estimates” for the most typically consistent remodeling projects seen across the country… Unless otherwise noted, the maximum time between remodeling and re-sale must be five years; otherwise the “value-added” figures are void.
Source: Home Remodeling Magazine
***DON'T FORGET TO CONTACT YOUR LOCAL MUNICIPALITY TO DETERMINE IF A BUILDING PERMIT IS REQUIRED FOR YOUR IMPROVEMENT***
--Click HERE to learn more about WHEN a building permit is required here in Peterborough as per our Planning and Development Department in the city of Peterborough
To review (from previous blog) the types of costs you can expect to encounter when renovating/improving certain areas of your home, please click on the link below:
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