Category: House Renovation

How to Increase the Value of Your Home

Posted on By Kartika
House Renovation

Home improvement is practically an American pastime, with millions of homeowners completing projects each year. while renovations will generally improve your quality of life, many don’t actually provide a financial return.

“In most cases, only home projects that add additional functionality or livable square footage add to the home’s value,” says David Steckel, home expert at home services marketplace Thumbtack.

The exceptions are kitchen and bathroom upgrades, as well as extensive enhancements to the exterior such as a new roof, windows or landscaping because these projects can elevate the home’s feel.

To identify projects that can increase your property value when you sell—or at least save you money while you live there—we spoke to home improvement experts and shifted through return-on-investment data. Below, a look at five popular home improvements and tips to make sure they pay off.

Do solar panels increase home value?

Interest in solar has been growing

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Home Renovating While Black: The Very Real Costs That Nobody Tells You About

Posted on By Kartika
House Renovation

About six weeks after she moved into her Dutch Colonial in Beekman, New York, Alyse Archer-Coité’s excitement shifted to hesitation. Her anxiety peaked when she started reaching out to contractors to start home renovating discussions. “I felt like they would come to the house with an expectation, and then I would open the door,” she recalls. Archer-Coité didn’t want word to get out that the ivy-covered brick home on the hill of a predominantly white and middle class neighborhood was owned and occupied by a single Black woman—she would often wait for cars to pass before getting the mail. “I had a fear that I was going to end up with a burning cross in my yard.”

Fifty-five years after passing the 1968 Fair Housing Act—a law preventing discriminatory practices around renting, buying, selling, or financing a home in the face of redlining—racism continues to pervade the house buying experience.

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What expenses can you deduct when renovating a rental property?

Posted on By Kartika
House Renovation

Rental property owners can typically deduct property taxes, insurance, interest, condo fees, repairs, utilities and other related costs. A rental property can even run at a loss allowing the taxpayer to claim deductions against their other sources of income.

Rental properties: Current vs capital expenses

There is a distinction between repairs and renovations for a rental property, Shawn. Repairs are referred to as current expenses, meaning they are deductible in the year incurred. Renovations are capital expenses that cannot be deducted immediately but can reduce your capital gain upon sale.

According to the Canada Revenue Agency:

A current expense is one that generally recurs after a short period. For example, the cost of painting the exterior of a wooden property is a current expense.

A capital expense generally gives a lasting benefit or advantage. For example, the cost of putting vinyl siding on the exterior walls of a wooden property

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The order in which you should renovate a home, according to experts

Posted on By Kartika
House Renovation
order of home renovation

The order in which you should renovate a homeHillarys

New advice is being provided by experts on the best order to renovate a property after it was revealed that more than half of homeowners have made mistakes, and 36 per cent regret their renovations.

Radiator specialists, BestHeating, polled homeowners on renovation habits, revealing that nine in 10 have taken on a renovation project since 2020. According to the research, more than a third of homeowners will spend up to £10,000 tackling renovations, so it is a costly project to get wrong.

“When renovating a home, it can be confusing to know what to focus on and what will add value,” says John Lawless of BestHeating. ‘Write down the order of plans and priorities as this will provide a list to stick to, and budgets can be set for each change. If the transformation involves structural or electrical wiring work,

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This Valentine’s Day, Shop Made in the USA

Posted on By Kartika
House Renovation

This Valentine’s Day consider showing the ones you love you care by supporting American small businesses. It’s a double win to show those you love you care with little tokens and you are supporting communities and small businesses throughout our nation. Instant love fest!

We have Valentine ideas for your love, your kids, even your dog and yourself! Every single one honors America in some way and is made in the USA and is considered an American Small Business. Without further Ado… Valentine’s Day, the made in the USA way!!! You’re gonna LOVE IT!

Valentine for your Dog- Made in USA

Your dog gives you unconditional love. And let’s face it, fuzz therapy is the absolute best! Last year, This Family learned from Side by Side which is a fascinating brand of food, treats and supplements for your dog. Side by Side is based on a food system from the

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30 Times People Should Really Not Have Done Any Home Renovation Work Themselves

Posted on By Kartika
House Renovation

They say, practice makes perfect, and professionals know it to be true after spending years trying to master their craft. That’s why there’s usually a clear distinction between an end result provided by a professional—or at least with the help from one—and an amateur, be it making desserts or building houses.

When it comes to the latter, it’s worth remembering that architecture-related decisions require knowledge in different areas, from engineering to design, and beyond. That’s why hiring a professional is usually the sensible thing to do, as they typically have years of experience, not to mention the value of education they go through.

Be that as it may, not all people opt for professional help when building something, which often results in disasters, such as the ones shared on the ‘You Should Have Hired an Architect’ Facebook group. It is home to the best worst architectural ‘gems’, some of which

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North Bay news: Canadore College adding more student housing

Posted on By Kartika
House Renovation

Three new living options are going to be available for Canadore College students in North Bay starting this fall.

It’s an effort by the college to try and curb the housing shortage in the region, that students are being affected by.

There are townhomes that sit on college property that haven’t been occupied for 10 or more years and are currently under renovation.

‘The Greens’ will once again start house students in September.

“They were built very, very well with cement blocks and firm beams. With the support of local architects and contractors we determined that a renovation would be viable to make 19 new family houses,” said Vice President Shawn Chorney Canadore.

“Designed for our students and their families with a main suite that accommodates a larger suite, room for a larger bed, room for storage, room for multiple children who have their own private rooms.”

The other two

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How much does it cost to renovate a house? Save, Pay, Profit

Posted on By Kartika
House Renovation

The past few years have changed the way Americans dealt with their homes and real estate, in general. Shelter-in-place orders spiked a renewed interest in home renovations to accommodate a new family dynamic of remote work and homeschooling.

Then, a sudden spike in home prices and interest rates caused many would-be homebuyers to reexamine their plans to purchase a home. For many, the best option became home renovation instead.

As this trend continues, it’s very possible that you might be in the same boat—planning to renovate your home. This will naturally bring you to the next phase in your research, which determines the cost to do so.

If you’d like to get a sense of what it costs to renovate a home in 2023, we’ll break down the average costs for different projects and return on investment (ROI) to help you determine if a home improvement project makes sense to

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Renovate Your Portfolio with These Home Improvements…

Posted on By Kartika
House Renovation

Summer is all about sun, sand and construction. With the longer days comes the sights and sounds of pool and patio contractor trucks. Heavy (and small) equipment became a ubiquitous presence in most North American neighborhoods, in an undeniable sign that construction, home renovation and do-it-yourself (DIY) home improvement activities are kicking into high gear.

A pickup in home improvement and homebuilding activity bodes well for home improvement retailers as it pushes demand for their goods and services. Investors interested in capitalizing on the home remodeling activity may consider the following companies and wait for a meaningful pullback to create a margin of safety.

The world’s largest home improvement specialty retailer, Home Depot (HD) offers a wide range of products including building materials, home improvement products, lawn and garden products, as well as home improvement installation services and tool and equipment rentals. It operates 2,300 warehouse-format stores as well as

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Tips to Increase the Value of Your Home

Posted on By Kartika
House Renovation

Was your home a bit of a fixer-upper when you bought it? Have you been meaning to make updates for months … or even years? If the delay is financially-driven, it may be hard to get started — or know where to start. These tips can help.

Life is expensive — and so are renovations! When it comes to fixing, updating or remodeling your home, it’s important to use your money wisely.

To get the most bang for your buck, here are four renovations to prioritize and four ways to pay for them:

Renovations to help add value

1. Fixing what’s broken

The first priority when renovating should be to protect your investment. If the roof is leaking and threatening to stain your ceiling, weaken the foundation or cause other expensive damage, it’s time for a new roof. If your furnace is unreliable or appliances don’t work, it’s time to

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