Not All Renovations Are Valued Equal Which home renovations deliver the most value? Or which ones might not be worth the investment? Not surprisingly, according to Remodeling magazine, the renovations that deliver the best ROI are aesthetic.   Garage door - 97.5% ROI For a small investment, new garage doors are an effective facelift that quickly bumps curb appeal.   Minor midrange kitchen renovations - 80.5% ROI Minor kitchen updates, such as new appliances,... [read more]

Dream kitchens and luxurious bathrooms are often the go-to renovations for homeowners looking for the best return on investment, but experts suggest the biggest bang for their buck might be as simple as replacing a garage door. Renovations in Canada are big business, with Canadians spending about $6.3 billion on residential renovations in August 2019 alone, up from roughly $5.8 billion in the same month the previous year, according to Statistic Canada. Some projects offer... [read more]

(BuildingAnswers.ca) - Developers and home builders build in a highly regulated market. Housing in Ontario is regulated both on the supply side (what, where and how you build new homes) and on the demand side (mortgage rules, stress test, foreign buyer tax). Working with governments, our industry can influence housing prices in a variety of ways: How land is used (density, home sizes) Building design How the homes are built (size, materials used) The total number of houses... [read more]

As soon as the temperature starts to drop, it is time to prepare your home for the Canadian winter. Here’s a beginners guide to winter-proofing your home so you can enjoy the holidays to its fullest. Caulk the Cracks  Whether you live in a condo, townhouse or single detached home, check for cracks and fill them before the temperature drops. Patching up small cracks with caulk or reaching out to a contractor for larger jobs will prevent cold air and moisture from seeping... [read more]

Giving your home a spring cleaning is a great way to rid yourself of the mustiness and dustiness of winter. The good news is that you don’t have to arm yourself with a wide array of expensive, chemical-based, store-bought cleaning supplies to get the job done. Instead, try these eco-friendly, all-natural cleansers – they’re powerful and versatile. In many instances, you can use them on their own, mixed together, or with other products. You can find all sorts of recipes... [read more]

What you need to know about the new mortgage rules in Canada Whether you’re a buying a home or refinancing, here are the basics of what you need to know about the new mortgage rules: New rules take effect January 1, 2018: Check with your TD Mobile Mortgage Specialist on how this can affect your mortgage loan if you’ve applied before January 1, 2018. Home buyers with a down payment of 20% or more will now be subject to stricter qualifying criteria (also known as... [read more]