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Home Renovations That Buyers Want, According to RE/MAX Brokers

Monday Apr 19th, 2021

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What are the home renovations that buyers want to see on the market? It’s a great question, and one you’ve likely pored over if you’re preparing to list your home for sale in the near future, or you’re embarking on a renovation with a thought to long-term resale value. According to the 2021 RE/MAX Renovation Investment Report, more than half of Canadians underwent a home renovation for personal/non-ROI purposes, with 29% choosing to renovate for non-essential... [read more]

Canadians invest in home renovations to improve quality of life, not to add value in current Canadian real estate market

Wednesday Apr 14th, 2021

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Challenging Canadian housing market conditions put additional importance to home renovations since the start of COVID-19, both for those looking to stay and those selling More than half of Canadians renovated their home in 2020 with the intention of living in it, with 29% renovating to enhance their lifestyle for non-essential reasons (aesthetic and/or recreational purposes) and 29% doing so for essential reasons (safety and maintenance) Only 16% of Canadians said they renovated to... [read more]

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