Selling Your Home: Another Study
According to another study smaller changes to a home
can also reap hefty rewards. Any addition that brightens your home (such
as new light fixtures) should be returned in the selling price by an
average 84% of the cost of the renovation. The study also suggests cleaning
and de-cluttering (594% return) and landscaping (266% return).
As an expert on home sales trends in
your neighbourhood, your Toronto real estate agent can suggest which
areas of your home could benefit from renovation and increase its value
and salability.
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