{"id":5740,"date":"2018-11-19T20:19:00","date_gmt":"2018-11-20T00:19:00","guid":{"rendered":"https:\/\/viacapitaledumontroyal.com\/?p=4317\/"},"modified":"2020-06-22T14:56:03","modified_gmt":"2020-06-22T18:56:03","slug":"turn-your-renovations-into-profit","status":"publish","type":"post","link":"https:\/\/viacapitaledumontroyal.com\/en\/turn-your-renovations-into-profit\/","title":{"rendered":"3 Guiding Principles to Turn your Renovations into Profit"},"content":{"rendered":"

There are 3 guiding principles to turn your renovations into profit.<\/h2>\n

Whether you’re keeping up with the latest design trends, or simply changing up your floors, renovations have the power to rejuvenate and transform your home. Here are a few tips to ensure that these changes will increase the value of your home at the time of resale.<\/span><\/h2>\n

Prioritize the right renovations<\/b><\/h2>\n

Different renovations will yield different returns, so it’s important to be strategic when investing in these works.<\/span><\/p>\n

Potential buyers will focus on <\/span>the kitchen <\/b>the most, so make sure to pay special attention to this room. A successful renovation in the kitchen will add to the joy of cooking, and will allow you to recover between 75% and 100% of its value.<\/span><\/p>\n

\"Article<\/p>\n

The second most important room for potential buyers is <\/span>the bathroom<\/b>. A high-quality renovation will allow you to recover between 71% and 100% of your investment cost.<\/span><\/p>\n

\"\"<\/p>\n

Make your space look like new with a fresh coat of paint<\/span><\/p>\n

Interior paint<\/b> is a simple way to upgrade a space while ensuring a 62% investment recovery at the time of resale. <\/span>Exterior paint<\/b> will also make your home look like new, but will yield a slightly lower return than interior paint.<\/span><\/p>\n

However, it should be noted that a <\/span>pool can hinder the resale<\/b> of a home, since it requires maintenance and takes up a lot of space in the yard.<\/span><\/p>\n

Choose the right design<\/b><\/h2>\n

Design trends may be appealing, but unlike our wardrobe, we can’t redo our entire space every season. The important thing is to find a style that will stand the test of time.<\/span><\/p>\n

If you’re an interior design pro, go for it and treat yourself! On the other hand, if you don’t have a knack for design and would like expert tips, why not call on a professional designer? You care about the environment? Then consult Via Capitale’s <\/span>Ecological Showcase<\/span>, it highlights businesses with ecological approaches to renovation.<\/span><\/p>\n

\"Vitrine<\/p>\n

Opt for quality<\/b><\/h2>\n

Future buyers prefer turnkey homes. Cheap or incomplete renovations will give the impression that a lot of work remains to be done in the house. On the other hand, high-quality materials and an impeccable finish indicate that great care went into the house.<\/span><\/p>\n

If you have <\/span>questions <\/b>concerning the<\/span> materials and types of renovations<\/b> to focus on to generate the highest return on your investment,<\/span> consult a broker<\/span><\/a> for guidance. Our brokers understand the local market, and will know how to wow prospective buyers.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

There are 3 guiding principles to turn your renovations into profit. Whether you’re keeping up with the latest design trends, or simply…<\/p>\n","protected":false},"author":321,"featured_media":9102,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[474,271,262],"tags":[],"class_list":["post-5740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ecobroker","category-real-estate","category-renovations"],"yoast_head":"\n3 Guiding Principles to Turn your Renovations into Profit - Via Capitale du Mont-Royal<\/title>\n<meta name=\"description\" content=\"Les r\u00e9novations transforment le logis. 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