One wonders why there are not environmentally considered renovation projects along with the subsequent improvement in resale value. Maybe it is too early, but it will be coming. Just wait until gas hits $2 a litre with a similar rise in heating oil and natural gas.
Monday, 10 March 2008
The Resale Value of Renovations
Every year Remodelling Magazine releases its "Cost vs. Value Report". It is a US report, but you can get a sense of what works here – we are not that different. Renovation projects ranging from a deck addition to bathroom remodelling. The report provides you with an estimate of the job cost along with the added value on resale and continues by calculating the percentage of the cost recouped.
One wonders why there are not environmentally considered renovation projects along with the subsequent improvement in resale value. Maybe it is too early, but it will be coming. Just wait until gas hits $2 a litre with a similar rise in heating oil and natural gas.
One wonders why there are not environmentally considered renovation projects along with the subsequent improvement in resale value. Maybe it is too early, but it will be coming. Just wait until gas hits $2 a litre with a similar rise in heating oil and natural gas.
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