Renovation Guide
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 transaction. 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…
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?
Re/Max discovered the relative return on investment changes based on the value of the house being sold. Read this blogpost to learn more about the RE/MAX Return on Reno Index
And when it comes to home owners, 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 whether you’re a “Social Animal” or a “Traditionalist”, a “Pleasure Seeker” or a “Villager”, 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 neighborhood. Remember, choices you make regarding improvements or renovations can drastically influence your home’s market value.
Our research has led to the development of a smart tool that can actually show you just what renovations generate the highest return on investment, based on the type of home you currently live in.
The RE/MAX Return on Reno Index
Re/Max discovered that the relative return on investment changes based on the value of the house being sold.
Select the approximate price range of your house below, and compare your return on renovations, based on the value of your home.
The RE/MAX Return on Reno Index is a proprietary tool to help you get the most value out of every renovating dollar you spend. We took an exhaustive 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 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 renos you might consider. Increasing your curb appeal can be as simple as adding containers of brightly colored flowers. Another idea would be to add a low maintenance garden for blocks of color and texture. Also, consider a simple water fixture in the backyard to add ambiance.
Renovating the Kitchen
The Kitchen IS The Hub
Ever 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 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 renos 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 great choices 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.
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 the average. Whether you go neutral with splashes of colour or warm and dramatic, trends for 2015 include a mix of strong colours, mixed with nature inspired neutrals — energy colours like orange, aqua, sage and blue, along with neutral palates leaning toward bisque, fawn, gray and walnut.
Renovating the Fireplace!
Rekindle Your Passion for Living
Nothing beats the feeling of curling up around 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 renos 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.
Great Ideas Underfoot
Great looking floors are a strong feature of 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 ripping out that dated wall-to-wall carpet. Then, sand your existing floors down and 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.
In Closing…
Remember, whether you are buying or selling a home, RE/MAX is the name that delivers. We are the most recognized name in Real Estate because we attract the most outstanding agents; seasoned pros who bring their collected and collective wisdom and experience to bear on literally thousands and thousands of deals each year in this country. You can count on the fact that a RE/MAX agent will always go the distance to help you buy smart, or sell smart.
