October 2016 - Renovations with the best investment

Dear Friends,

This is the time when we advise our clients to start thinking about updates to their property. Though the new year may seem far away, it's in your best interest to have renovations and upgrades finished by the time potential buyers begin visiting in February.

Our team is always available to help you decide which renovations will give you the best return on your property, and Stewart Blair at the Canadian Budget Binder has given his recommendations for little touches that have a big impact:
 

  • A fresh paint job: "This is an inexpensive way to freshen up a home and it can dramatically improve the look and feel of a space at a low-cost."
 
  • Sprucing up the kitchen: "Potential buyers are picturing Thanksgiving and Christmas dinners being prepared with family or hosting dinner parties with friends. You need to make the kitchen as desirable as possible."
 
  • Finish the bathroom: "In my experience a beautiful mirror and hardware upgrade can make the world of difference."
 
  • Focus on flooring: "Upgrading to hardwood in the living areas and ceramic in kitchen and bathrooms can have a dramatic effect on a home’s value."

 

  • Upgrade your light features: "Potential buyers do not want to be straining their eyes to look at your home. Make sure it is bright, warm and inviting!"
 
  • Make a good first impression: Boost your curb appeal! "Make sure your front lawn is tidy and gardening is minimal."


The following ROI (Return On Investment) chart provided by Mr. Blair can help you conceptualize cost vs. return on some common home renovations.
 


Home renovations are an essential part of listing a property, and though they can seem stressful and expensive, we're here to help you figure out the best ways to invest wisely in your home and reap the rewards in the future--just like planting bulbs in the fall so you can enjoy the garden when springtime rolls around!


And to get you started, we're happy to provide you with a coupon for 5% discount on most purchases at RONA Home & Garden! Just print and present, and RONA will make a matching donation to REALTORS Care® Foundation.

 


Sincerely

  

 
Rachel Hammer

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This Month's Question:

What real estate board game became the best-selling game in America just one year after it was created?

Email your answers to: rachel@rachelhammer.com.
 
(Only one winner per household will be awarded a gift card and all previous winners must wait a minimum of 30 days before being able to win this trivia question)

 

Last Month's Question and Winners

What kind of balcony does not protrude out of a building and is named after a character in a Shakespeare play?
Answer: Juliette
 
 

Congratulations to:

Kelly C., Candice N., Ann F., Christine A., and Matt S. who correctly answered last month and won a $10.00 gift card to Starbucks.
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Royal LePage Team Realty, Brokerage
4 - 3101 Strandherd Drive
Ottawa, Ontario K2G 4R9
Canada

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Hammer & Associates Brokerage · 4 - 3101 Strandherd Drive · Ottawa, Ontario K2G 4R9 · Canada

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Rachel Hammer
 
Let's Talk About
Your Dream Home
613-369-8314
info@rachelhammer.com
Dana was amazing helping us find a home that's a great fit for us. She gave us solid support and advice through the process. Will definitely work with Dana next time we're in the market.
• Michelle