Category: Home Improvement

real estate news and announcements

GTA REALTORS® Release July Stats

August 3, 2018 — Toronto Real Estate Board President Garry Bhaura announced strong growth in the number of home sales and the average selling price reported by Greater Toronto Area REALTORS® in July 2018. “Home sales result in substantial spin-off benefits to the economy, so the positive results over the last two months are encouraging. […]

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Tips for Renovating Your Basement

Want to add more space to your home without building up or out?  Look no further than your basement.  According to the Appraisal Institute of Canada, renovating a basement can give you a 50-75% return on your investment when it comes to selling your home. Here’s how to get it done right: Start with a […]

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Canadian Home Renovation Survey – ROI on your home improvements

There’s no denying that home renovations can increase the value of your home. According to the Canadian Home Renovation Survey a kitchen or bathroom renovation can be expected to nearly double the amount you invest. $10,000 spent will increase your home’s value by $17,500 – $20,000. To look at another example, for every $1.00 you […]

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Ontario Healthy Homes Renovation Tax Credit

Summary The Healthy Homes Renovation Tax Credit is a permanent personal incometax refund for seniors and the family members who live with them. Those who qualify can claim up to$10,000 worth of home modifications on their tax returns and receive back 15 per cent of eligible expenses. A household that spends $10,000 on eligible home renovations potentially can get back $1,500. The tax […]

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Knob and Tube Wiring

In many areas of Toronto Knob & Tube as well as Aluminium wiring was used as the main wiring in a house. Knob and Tube was popular approx from 1920’s-1950’s where Aluminium was used approx from mid 1960’s to late 1970’s. Although this wiring can still function properly as long as it is properly and professionally maintained, there may […]

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Home inspectors to meet national standards

Cam Allen, QMI Agency, Wednesday, August 15, 2012, 8:49 PM KINGSTON, Ont. – Canada’s home inspectors, long unregulated in much of the country, will soon be expected to meet national standards for training and education, QMI Agency has learned. The certification will be granted through a partnership between the Canadian Standards Association (CSA) and the […]

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