Renovations That Pay Back: Part II

In my last post: “Renovations That Pay Back: Part I,” I talked about how it’s important to consider choosing a neighbourhood that can support your renovations. It’s tempting for homeowners to go crazy with renovations, both design-wise and financially. But, before you start swinging the hammer, you want to make a plan that is focused on the bottom line. While you can definitely incorporate your own personal design taste (especially if you can see yourself living in the space for a long time) you want to concentrate first and foremost on the renovations that are going to see the greatest return.

Renovations That Pay Back: Part I

London, Ontario offers great opportunities for those interested in investing in renovating houses and seeing a return on a sale. You can score a great deal on a fixer-upper, put in some sweat equity and see a nice pay-off on your time and money. Neighbourhoods like the Old East Village and Wortley Village are full of century-old character homes that offer amazing properties that are ready for your renovations and designs, and are quickly becoming hot spots for ambitious homeowners who are interested in modernizing the space and respecting the history of these homes.

Long Winter Makes For A Hot Summer Market!

This past winter was long and cold for everyone, and the real estate market in London, Ontario and the surrounding areas seemed like it went into a bit of a hibernation as as result. Things were slow to thaw and a late spring contributed to the extended winter. However, it looks like the summer has been making up for lost time and overcompensating for the low number of sales in the early months of the new year.