Home Reno Plans: Value Added Or Value Subtracted?

by: sakuraluna | Total views: 35 | Word Count: 306 | View PDF | Print View

 by: News Canada

(NC)—Canadians' ongoing love affair with renovating their
homes is alive and well, with more than $20 billion being spent every
year since the new Millennium. But how do you know what improves your
home's value, and what might make it harder to sell? Here are some tips
that might make the decisions a little easier:

1. Develop short-term and long-term goals: If you will
   be at your house for less than five years, you might want to forgo the
   addition to your home and simply repaint, or install new windows or
   floor treatments.
   

2. Don't use a renovation just to express
   yourself: Don't expect prospective buyers to pay for your wonderful,
   but unique taste—you might love a pink and black marble en suite, but
   not everyone will.
   

3. Stay in character: When planning your
   renovations, try to match the neighbourhood aesthetics. Ask yourself if
   mini-Windsor Castle touches work well in your post-war housing
   neighbourhood.
   

4. Become a Do-It-Yourself-er: Hardware and home
   renovation shops often have project seminars to show you how to get the
   job done properly. Many stores also have in-house experts who can give
   you advice, should you need it.
   

5. Consider professionals: Professional
   architects, contractors and designers know the quirks of your local
   zoning regulations. You don't want your garage conversion shut down
   because you don't have the correct permits.
   

6. Financing: If your project exceeds your cash
   on hand, there are many financing options available including small
   loans and larger mortgages. Consider taking out a line of credit to
   help you get the job done properly and see it through to completion.
   One of the most innovative home equity lines of credit available is
   Manulife One, offered by Manulife Bank.
   

To find out how Manulife One can help you with your home
improvements visit www.manulifeone.com or call 1-877-626-8111
(1-877-MANU111).

- News Canada

About the Author

News Canada provides a wide selection of current, ready-to-use copyright free news stories and ideas for Television, Print, Radio, and the Web.

News Canada is a niche service in public relations, offering access to print, radio, television, and now the Internet media, with ready-to-use, editorial "fill" items. Monitoring and analysis are two more of our primary services. The service supplies access to the national media for marketers in the private, the public, and the not-for-profit sectors. Your corporate and product news, consumer tips and information are packaged in a variety of ready-to-use formats and are made available to every Canadian media organization including weekly and daily newspapers, cable and commercial television stations, radio stations, as well as the Web sites Canadians visit most often. Visit News Canada and learn more about the NC services.

Rating: Not yet rated

Comments

Add Comment

Copy and Paste Article Code.

Remember: The article body, title, author bio and links may not be changed or removed. By publishing this article, you agree to all the terms in our Terms of Service.

More articles in this Category

1: A Brief Guide On How To Modify A Kitchen.
2: Choosing The Right Mattress For A Relaxing Sleep
3: A Guide To Hire General Contractors For Home Improvement
4: How to go about designing an office
5: Benefits of Central Air Conditioning Units