High-end home renovation in Toronto has been elevated to new
heights in recent years. The hot housing market has created a veritable sellers’
haven around the city – there’s truly never been a better time to be a
homeowner in Toronto. This also means that there’s never been a better time to
renovate your home. Working with a
custom home builder and
putting a little money into the improvement of your home can add tremendous
value to the resale price of your house.
There are many factors to consider when thinking about a
high-end home renovation in Toronto. What’s your budget? Which contracting
company should you work with? What are you looking to improve? These are
important questions that you must take into account. Also consider that some
renovations
simply don’t add value to your home. Consulting with a trusted high-end
renovation expert in Toronto will be an invaluable first step to updating your
living space, whether you’re trying to enhance your dream home or prep it for
sale.
To ensure your custom home building project runs on budget and on time, it’s important to set
out an item-by-item inventory with your contractor. Once timeline, budget and
inventory are agreed on, signing a binding contract is something that every
reputable high-end renovation company in Toronto should do. There are obviously
major differences in project length and cost depending on whether you’re
creating a custom kitchen or erecting a multi-room, second story addition. A
knowledgeable builder should provide realistic numbers based on the size of the
project.
If you have concerns about the track record of a particular company
when screening for your high-end renovation in Toronto, ask for vetting
documents like written testimonials from past customers. Also ask around to see
if any friends or family have worked with the company before. Looking at a
catalogue of "before and after” transformation shots is another worthwhile step.
When looking for a high-end home upgrade to make your space
more livable, ask your builder what similar projects have cost their past customers.
Think about the elements that best suit your tastes. Are you interested in
custom tile work in your kitchen or bathrooms? Are stainless steel appliances
or custom vanities a must? Is hardwood flooring or exterior stone walkways on
your project list, or do you have mobility issues and require a
wheelchair accessible
home builder? Each of these improvements will suit different budgets, cater
to different needs and provide varying returns on your investment in the long
term.
Ask
home
renovators about their past projects and the value their customers got out
of the finished product. Home ownership is often an individual’s greatest asset
and high-end renovation in Toronto can yield tremendous dividends. Many custom
home renovations can double or triple in value once on the open market. Imagine
if your $300,000 renovation could increase your home’s value by $900,000! When
factoring in the location of your Toronto home, these figures are attainable.
If you’re ready to take the next step in your home
improvements, whether for your immediate comfort or the long-term market value
of your home, consider how great a time this is to engage in a high-end home
renovation in Toronto.