If you’re working on a home improvement project – whether for you to enjoy, or in preparation to put your property on the market – you may be interested to know which renos will give you the most bang for your buck.
A kitchen renovation is the most worthwhile home improvement, and has the potential to increase the value of your property by 20%, according to a recent survey of Royal LePage experts.
If you’re interested in building a home or another kind of building in Canada, your first step will be to buy land. Though vacant land is generally less expensive than properties with existing structures, it can still cost quite a lot of money. This is particularly true for large plots of land or land in very desirable locations.
Royal LePage has increased its 2022 forecast following record price gains in the first quarter of 2022. The aggregate price of a home in Canada is expected to be 15% higher in the fourth quarter of this year compared to the end of 2021, following a supercharged start to the year. As we enter the spring market, buyer hopefuls continue to be challenged by tight competition, due to a chronic shortage of supply, despite a slight increase of inventory hitting the market in some regions.
Strong demand for cottages, and properties in close proximity to lakes and mountains, continues to outpace supply in recreational regions across Canada. According to the Royal LePage 2022 Spring Recreational Property Report, the aggregate price of a single-family home in Canada’s recreational market is forecast to increase by 13% in 2022, to $640,710. This is following a 26.6% year-over-year increase in prices last year.
The air is warmer, the days are getting longer, and after an exceptionally snowy winter, the grass is starting to reveal itself. Spring is upon us, which means all that snow is going to melt. Be sure to take these important steps to protect your home and prevent major water damage during the thaw.
Spring is just around the corner. And, after two long years of pandemic-related lockdowns, there’s never been a better time to brighten up your home with a fresh coat of paint. We’ve got all the latest colour trends covered.
This year, some paint experts are recommending deep and eccentric colours to help breathe new life into the place that has substituted your office, classroom, gym and entertainment space for the last 24 months. Others are taking a softer approach, with palettes of earth tones and colours inspired by nature.
The home that Canadians expect to spend their golden years in is often purchased well before retirement. But, with those days so far in the future, it can be difficult to imagine which features would be essential at that time.
Royal LePage recently surveyed its network of senior housing experts and found that while not all Canadian seniors are looking for the same features in a property they can stay in long term, most remain eager to stay in their own homes as they get older.
A laundry room – if you are fortunate enough to have a designated room – is one of the most underrated and important spaces in any home. Your guests may not see it and it might not be a deal-breaker for potential buyers in the future, but you are likely to spend several hours (at least…) each week in the laundry room. That means, while it doesn’t have to be fancy, it does need to be functional, clean and easy to navigate.
Here are some tips to help make your laundry room easier and more enjoyable to use:
Are you in the market for a new home? Before you start attending showings, there are several things you can do to prepare yourself and your family for one of the largest purchases you will ever make. With housing stock at historic lows and tight competition among buyers, you may be able to give yourself a competitive advantage by being prepared.
Make sure you have the right professionals on your side. Follow this list of tips to help you be as successful as possible when shopping for your new home.
If you have just purchased a home, you might have big ideas on how to make the space your own. When you bought your home, you likely saw great potential but putting a plan into action can be overwhelming. Check out these new year’s resolutions for your home that will help you hit the ground running in 2022.
Make a resolution to:
