





No two condominiums are ever alike, let’s try to understand the intricacies of yours.
Payback On Your Renovations
When it comes to appraising your home, payback on renovations is measured in 3 ways.
1.
Selling Price
The value of increasing the selling price of your property.
2.
Enjoyment
The value of enjoying the renovated space.
3.
Maintaining Worth
The value of maintaining the worth
of your property
Top 5 Renovations that yield the Highest Return on Investment, Enjoyment Value, and Maintain Worth.
Top 5 Renovations with the Highest Return on Investment
The Appraisal Institute of Canada has highlighted 5 key areas specifying living space and/ or spend to yield the highest possible return on investment. Â
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Want to level up your game. Invite us for a complimentary no obligation walk-through evaluation of your condo. We’ll advise on minor cosmetic enhancements  to increase your condo’s marketability and value.
Top 5 Renovations with the Highest Enjoyment Value
Understand the reasons why you are renovating. Do you want to increase the value of your condo or simply enjoy the renovations for years to come, or both?
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We speak to local buyers all of the time so we know exactly what they’re looking for. Maintaining a happy medium between your condo’s future appreciation and the immediate enjoyment it can offer may be the way to go.Â
Top 5 Renovations To Maintain Worth
Replacing the roof cover on your condominium townhome, updating heating/ cooling systems, replacing windows/ doors as they near the end of their life expectancy is essential.4
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Prioritize what needs to be repaired, replaced, or retrofitted and plan your budget accordingly. A basic understanding of the general construction of your condominium townhome or apartment and what is included in your maintenance fees will allow you to budget and maintain its worth long term avoiding any unforeseen surprises along the way.Â
Tip (1)
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Understand the reasons why you are renovating.
Tip (2)
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Think about your
personal needs and wants.
Tip (3)
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Hire trusted professionals with references.
Tip (4)
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Engage a professional such as a realtor or appraiser to increase your
awareness of over-improvement and unique features.
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Every year we help thousands of people sell their properties. With our expertise, we’ll get you moving too. We put all of our knowledge and experience to good use to create a marketing plan that’s right for you.
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Not only can we put your property in front of millions online, when it comes to local knowledge; we make it our business to know the area like the back of our hand. On top of that, we are speaking to local buyers all of the time so we know exactly what they are looking for and having our 16 offices right in the middle of YOUR community means we’re available to talk face-to-face.Â
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We’d love the opportunity to work with you so schedule your FREE market valuation today and let’s get started.
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Head Office:
4525 Kingston Rd - Suite 2202, Toronto, ON M1E 2P1
Phones:
+1 (647) 388 0097
Email:
info@mycondoworth.ca
Royal LePage Connect Realty, Brokerage - West Hill
4525 Kingston Rd - Suite 2202,
Toronto, ON M1E 2P1