Home Renos to Make ‘Greener’ Homes
So you’ve taken out a home renovation loan and you want to start doing all the things that need to be done to make your home ‘greener.’ Everyone knows the value of being friendlier to the environment, reducing energy used, and of course, saving a lot of money along the way. But with solar panels,…
Read moreRenovations Down Across the Country Last Year
Getting a home equity loan or a home equity line of credit can be a great way to pay for home renovations. But perhaps Canadians are starting to heed Mark Carney’s warnings about debt as fewer of us embarked on home renovations last year; and the majority of those that did chose not to borrow…
Read moreWhat Returns should you see on Renos?
Every homeowner knows that taking out a home equity loan or other second mortgage can be a great way to fund home renovation projects and add value onto a home. (We just did a post this week on how Manitoba’s come to this realization more than any other province in Canada.) But while we might…
Read moreManitoba Leads in Canadian Home Renovations
Home renovations are a great way to add value onto a house or turn it into the dream home the owner has always envisioned. But as people start to pay down their debt in Canada and start taking on fewer renovations, Manitoba still leads the way and are taking on just as many renovations as…
Read moreDon’t be Struck by Renovation Ruin
A recent survey done by the Canada Mortgage and Housing Corporation shows that Canadians love to renovate their homes. In fact, 40 per cent of households in ten of Canada’s biggest markets underwent some kind of renovation on their home last year. But as much as we love to renovate, we also don’t want to…
Read moreHow to Pay for that Home Reno
We’ve talked a lot on this blog about using HELOCs to pay for home renovations, and it’s no wonder why – that’s the form of payment 37% of Canadians use when it’s time for a remodel or a reno on their home. But aren’t there other ways to pay for these types of projects? Of…
Read moreMore Canadians Choose to Renovate, Rather than Relocate
When it comes to things breaking down or needing repair and updating in a home, it seems that most Canadians would rather fix it than nix it, according to the 19th Annual RBC Homeownership Poll. Results from that survey show that 63% of Canadians would rather make home renovations than find a new place to…
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