As our market conditions have shifted over the past several years to being more seller-centric, we are seeing an increasing amount of people decide to stay in their current home & renovate instead of moving.
While home renovations can be an extremely fun & challenging task, you need to make sure that you hire the right contractor to do the work or it could end up costing you in the long run!
With 2017 being one of the craziest years on record for the Toronto Real Estate market, we want to breakdown our projections for the upcoming year & what you can expect to see happen!
The rental market remains one of the hottest topics when talking about real estate in Toronto & for good reason! Last year we saw an unprecedented increase in rental prices and a drastic drop in available units with 2018 not looking like it's going to be much different.
While some homeowners plan to sell & move up to a bigger property, we are seeing more people decide that buying a new home isn’t that feasible (or even necessary) given the hectic market conditions recently, so they are deciding to renovate instead!
Renovating your current property allows you to get that same “new-home” feel without having to move!