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hardwood

hardwood.jpg

If you own real estate in Brampton, you know the market is fast-paced and ever changing. In order to keep up with the demands of buyers, lot of sellers are looking to tear out their outdated carpets and replace them with new flooring. How much will this flooring set you back, and what choices are available to you?

Read on to find out your options and what it will cost you!

Ceramic Tiles
The great thing about ceramic tiles is that they are extremely easy to clean and come in a huge selection of colours, styles and sizes. This makes coordinating super easy. What you will need to bear in mind is that not all ceramic tiles are made the same, so you’ll have to do your research beforehand. High traffic areas may need more resistant tiles, and there is always the danger of cracking or chipping. Budget for $5 – $20 per square foot.

Porcelain Tiles
These tiles are stronger than ceramic tiles and give you that stone look. You’ll also find that they come in all sorts of colours and styles. Porcelain tiles will cost you $6 – $14 per square foot.

Natural Stone
If you’re thinking about slate, marble, limestone, or sandstone, you’re looking at natural stones. Travertine is becoming very popular these days, and you’ll be seeing more of it in higher end houses that are being flipped. Natural stones will contain imperfections and they will need to be sealed regularly. Expect to pay $10 – $30 per square foot.

Hardwood
Hardwood floors still remain very popular with homeowners, especially oak and maple. Hardwood is very inviting and is a safe choice if you plan on renovating and selling, as it has wide appeal. These floors will remain durable if properly sealed every few years. Hardwood will cost you $6 – $15 per square foot.

Laminate
This type of flooring comes in lots of styles and colours, and can be made to look like wood, stone, and ceramic. Laminate flooring is great because it resists stains and scratches quite easily. It’s also easy to assemble and with proper care, can last at least 20 years. Just be careful not to use laminate flooring in wet or damp areas, as it can warp over time. Laminate flooring will cost you $4 – $10 per square foot.

Remember that these prices are only a general guide, and that it’s important to shop around thoroughly first. If you’re looking for a renovation project that will immediately be noticed and give your home a boost in value, consider flooring! Not only is it trendy to get rid of that old carpet, it’s also easier for those who have allergies.

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This post has 4 comments

  • hardwood repair oregon
    i desperately want to have floorings like that!

  • engineered hardwood floors
    that picture really looks very nice!

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It seems that nowadays everyone wants to upgrade their home. With the recent advent of home flipping shows and renovating TV specials, homeowners are looking to add some value to their homes by investing a little money and a little labour. It also helps that Brampton has two brand new Lowes stores in addition to the existing Home Depot and Rona warehouses. It almost seems too easy to venture a few steps and bring home some building supplies!

The Brampton real estate market is an accurate image of the Canadian real estate market. According to surveys, nearly two thirds of homeowners intend to undertake renovation projects this year alone! If you’re looking to make some additions or changes to your home, you’re probably wondering what you can do to get the most back when you sell your home. Well, below is a general guide to how much you can expect to get back on your renovation investments. Refurbished kitchens and bathrooms are still the best intermediate investments, while a fresh coat of paint is still the most inexpensive way to boost the value of your home.

This list is only a guide! Consult experts if you intend on making renovations and do your homework.

  • Installation of hardwood floors – 50% to 80% return
  • Interior painting – 50% to 100% return
  • Roof replacement – 50% to 80% return
  • Additional room (ie. family room) – 50% to 75% return
  • Skylights – 0% to 25% return
  • Kitchen upgrade – 75% to 100% return
  • Doors and windows – 50% to 75% return
  • Wood fence – 25% to 50% return
  • Pool – 10% to 40% return
  • Deck – 50% to 75% return
  • Fireplace (wood or gas) – 50% to 75% return
  • Central air conditioning – 50% to 75% return
  • Landscaping – 25% to 50 % return
  • Replace furnace or heating system – 50% to 80% return
  • Finished basement – 50% to 75% return
  • Bathroom upgrade – 75% to 100% return
  • Asphalt driveway – 20% to 50% return
  • Interlocking stone driveway – 25% to 50% return

There you have it. Keep in mind that any renovations you do undertake should be relative to the value of the home. It wouldn’t make any sense to add a $30,000 kitchen to a $100,000 home. Also, avoid projects that will set your house apart from other properties in your neighbourhood. The Appraisal Institute of Canada warns that: “If the value of your house exceeds the average market value in your neighbourhood, your renovations will not yield much return. But if your house value is below the average, you can recover a larger part of the renovation costs.”

Happy renovating!

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This post has 9 comments

  • Tania
    We bought our house almost 2 years ago for $385,000 and are considering a kitchen renovation. We've been quoted at $45,000 for the reno that we want and are curious what percentage of the overall home value we should invest in a kitchen renovation?

  • lang
    Hi Misty Washrooms are actually quite important in terms of the presentation of the home. If you don't mind, email me about the neighbourhood your house is in, and I can try to tell you more. It's difficult for me to answer your questions without knowing a little bit more about the neighbourhood. Cheers, Lang