Special offer

THE RE/MAX RETURN ON RENO INDEX

By
Real Estate Agent with RE/MAX Jazz Inc., Brokerage

Every year, hundreds of thousands of homes of every style, shape and size are bought and sold across this country. In spite of all the differences, many of them have one very important thing in common; a RE/MAX Professional who is the driving force behind the deal. RE/MAX agents buy and sell more homes in your area than anybody.

When you choose RE/MAX, you are choosing the combined experience we have gained from every deal we've completed. This experience and expertise ensures that you get the best possible price. When it comes to buying and selling smarter, we'll show you that RE/MAX has done extensive research with homeowners, to better understand what makes them tick. This enables us to help you in many ways. First, knowing your preferences is invaluable when it comes to finding that perfect home. Open concept or traditional? Lofty or intimate? 

And when it comes to homeowners, we've learned that in spite of the seemingly endless diversity in our population, there are, perhaps surprisingly, just a select few categories we all tend to fit into. So no matter which category you fit into, we'll show you a space you'll want to call home.

As a home owner, you are likely to re-sell at some point and should consider the benefits of the neighbourhood. Remember, choices you make regarding improvements or renovations can drastically influence your home's market value.

The RE/MAX Return on Reno Index will help you get the most value out of every renovating dollar you spend. We took an extensive look at the various renovations people commonly do on their homes and judged their return on investment based on a variety of criteria. The findings were nothing short of enlightening.

We learned "down to the dollar" what different renos deliver, but we also discovered that the relative return on investment changes based on the value of the house being sold. Have a look at these charts, which compare your return on reno, based on the value of the home being sold.

 

 

IT ALL STARTS AT THE CURB

Everyone knows the value of a good first impression. But RE/MAX has learned that landscaping the front and backyard of your home will give you a 7% better return on your renovating dollar over the average return on other popular renovations you might consider.

Increasing your curb appeal can be as simple as adding containers of brightly coloured flowers. Another idea would be to add a low maintenance garden for blocks of colour and texture. Also, consider a simple water fixture in the backyard to add ambiance.

THE KITCHEN IS THE HUB

Every wonder why "kitchen parties" naturally occur every time you have guests?

Well, it's because the kitchen is the hub of every home. It's where we get nourishment, refreshment, gather and regroup after a another busy day. It is a room with real value for every family. At RE/MAX we've learned that kitchen upgrades can really deliver, with a 44% higher return on investment over the average return on other popular renovations you might consider.

Whether you're working with a contemporary kitchen or more of a country feel, stainless steel appliances continue to hold a lot of interest. In cabinetry, look at fine-grained maple, stained or natural, over the traditional heavy oak look of the past. Laminates and marble are a great choice for countertops, but granite continues to be the most popular surface of all. Check out the latest fixtures in today's new, brushed nickel finishes.

REKINDLE YOUR PASSION FOR LIVING

Nothing beats the feeling of curling up in front of a fire on a cold winter's night. Not to mention the comforting feeling of hearth and home that a fireplace adds to a room.

RE/MAX's Return on Reno Index will tell you that installing or upgrading the fireplace in your home will generate 11% greater return on investment than the average return on other popular renovations you might consider.

Gas fireplaces have made huge advances in popularity thanks to recent increases in efficiency as well as advances in design. A gas fireplace delivers the best of both worlds - all the comfort without the mess and maintenance of a traditional wood fireplace.

TRY A FRESH COAT

Often overlooked for the dramatic effect it can have on any living environment, RE/MAX has learned that simple repainting of walls gives you a 29% return on the dollar over average. Whether you go neutral with splashes of colour or warm and dramatic, trends for 2009 include a mix of earthy colours and nature inspired neutrals.

DISAPPEAR IN YOUR PERSONAL SPA

Today's stress-filled work world leaves us all crying out for rest and relaxation. RE/MAX knows that making your bathroom the best it can be will generate a 56% better return on investment than the average renovation.

The goal should be to create a spa-like environment in your bathroom by installing a soaker tub with relaxing jets, or perhaps a new steam shower stall.

GREAT IDEAS UNDERFOOT

Great looking floors are a strong feature in any home. It often makes all the difference. With RE/MAX, we'll show you how this upgrade can generate a 22% better return on investment than the average.

Start by removing any dated wall-to-wall carpet. Then, sand your existing floors down to refinish them, or choose one of the many easy-to-install and affordable laminates now available. A darker stain gives an elegant, yet up to date look. Use area rugs to accent and ground the space.

Remember, whether you are buying or selling a home, RE/MAX is the name that delivers. We are focused professionals who have the experience, knowledge and drive to assist you with your real estate needs. You can count on us to will help you to buy smart, or sell smart. Call The Dianna Mandzuk Team for all your real estate needs!

For additional info, please visit my website at www.dmandzuk.ca or http://www.remax-winnipeg.com/return_investment.html

 

 

 

 

 

Posted by

Dianna Mandzuk

Sales Representative

 

RE/Max Circle of Legends Award Recipient

(One of RE/Max's Highest level of Performance Achievement Awards)

Certified Luxury Home Marketing Specialist

Canadian Staging Professional

30 years serving your real estate needs!

RE/Max Jazz Inc., Brokerage

Each Office Independently Owned & Operated

Direct 905-433-2579

Office 905-728-1600

www.dmandzuk.ca

dianna@dmandzuk.ca

 

P.S. We're never too busy for your referrals!

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