Some renovations can significantly increase the market value of a home. Others can cost more than you’ll ever get back.

So, when choosing a “fixer-upper”, look carefully at the work that needs to be done.

General painting, and bathroom or kitchen renovations typically increase the resale value of a house. “Invisible” repairs such as plumbing, electrical, or heating systems do not.

Before you buy, work with your REALTOR® to develop a market value estimate of the house you are considering as though the renovations you’re contemplating are already complete.

If the math works, go for it. Buying a “fixer-upper” can be very rewarding.

Your Real Estate Connection:
Marina Gavrylyuk
Real Estate Agent with Sutton Group Summit Realty
www.MarinaG.ca
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Marina Gavrylyuk
Sales Representative
Sutton Group-Summit Realty Inc. Brokerage
1100 Burnhamthorpe Road West #27
Mississauga, Ontario, L5C 4G4

Cell: 416-843-1515 Tel.: 905-897-9555
Email: Marina@MarinaG.ca
Web: www.MarinaG.ca
Marina.Realtor