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If you’re hoping to sell
your house in the near future, you may be considering doing some upgrades to
increase its value. How do you know which renos are going to make your home
more attractive to buyers and therefore more beneficial to you?
Remember:
Just because you put $50,000 into a renovation it doesn’t mean you’ll get that
(or more) back. You have to spend wisely and plan your improvements well.
Like we mentioned in What Renos Do NOT ..
If you’re planning on
selling your home you want to make sure it is attractive to buyers, and
ultimately sells for a great price. Therefore, there are some upgrades you
may want to consider. Some sellers choose to do renovations to add value to
their home. However, some renovations don’t actually add the value you want.
The definition of a Reno
that does NOT add value is one that costs
more up front than it will earn you later. So, while a ren..
Toronto Condos & Maintenance Fees: What Do I Need to Know?If you are thinking about buying a condo, especially for the
first time, you will probably have a lot of questions about maintenance fees.
Also called condo fees, these
monthly costs differ, and cover different things, depending on the unit and
building. Naturally there are many Frequently Asked Questions regarding maintenance
fees in Toronto.So let’s answer some common questions about maintenance
fees in Toronto condos:- What d..
Should I Rent My Toronto Condo Out Furnished or Unfurnished?When you are ready to rent out your condo you may be wondering if you should rent it finished or unfurnished. If you had been living there, should you move your furniture out? Some condo owners believe their furniture adds a lot of value to the unit. Others think they should leave a few key pieces or nothing at all. So which is best? We weigh the upside and downside of each option for landlords. Then, you can decide whether yo..
How To Rent Out Your Condo (To the Right Tenant) Many Toronto condo owners choose to rent out their unit. Some bought it as an investment property, while others plan to live in the condo in the future. Before you rent out your property, however, you will want to make sure you know more about the legality of renting in Toronto, and make sure you find a reliable tenant. What are the steps involved in preparing a condo for rental? How can you protect yo..