Renovating Where do i get the Best Return

How do i get the best return on my investment where should i start

Here is a chart showing you what homeowners can expect to get back at resale for common home improvements, according to AIC:

• Kitchen upgrade   return on equity (ROI) 75-100 %
• Bathroom upgrade   (ROI) 75-100 %
• Interior painting  (ROI) 50-100 %
• Roof Replacement  (ROI) 50-80 %
• Replacement of furnace or heating systems (ROI) 50-80 %
• Expansion (addition) to the Family room (ROI) 50-75 %
• Doors & Windows  (ROI) 50-75 %
• Adding a deck (ROI) 50-75 %
• Install Hardwood Floor (ROI) 50-75 %
• Adding a garage (ROI) 50-75 %

The Appraisal Institute of Canada has designed some interesting interactive software that will assist you in figuring the (ROI) for the 20 most popular renovating projects. Have a project click the link

Source “Rob Paterson”, AIC, Orea

Looking for power of sale / Bank owned / Fixer Upper properties for free listings email

Robert-Paterson@ColdwellBanker.ca  today….

Real Estate – There a New Season

Wow with fall fast becoming winter climate change is bringing us a new season. I am talking about the realty climate now and the new season is “Reduced / New Price” the orange and black affixed notice on for sale signs are all over the neighborhood.

With record prices being sought for homes now and the level of affordability at the lowest in years houses are sitting on the market for longer periods and receiving fewer and lower offers if any at all. The economy is now a headline story  with layoffs and bankruptcies happening all around.

 If you have a secure income believe it or not now is your opportunity to enter and invest in this declining market if you wait for the market to rebound you will miss the opportunity presented by this correction. With Investment property and Multi Million dollars homes now reduced and residential properties starting to decline there are deals to be had that were not there even 6mos ago….

If you are interested in recieving Reduced / New Price listings contact me today:

Robert-Paterson@ColdwellBanker.ca

Source…. Rob Paterson