Tag: Home Renovation

Home Improvement Ideas on a Budget

Posted on by Canadoo Admin
Home Improvement Ideas on a budget

Upgrading your home can be like a daunting and expensive project, but not every home improvement needs to break the bank. There are many ways that you improve the look and livability of your home on a very frugal budget. Let’s look at a few ideas for home improvements that you can do yourself, for just a few hundred dollars.

Improve the look:

Painting

Don’t underestimate the power of a fresh coat of paint. Even in a tidy home, over the years high-impact areas will get damaged and dirty. The materials to paint a whole room can cost well under $200 – the trick is to take your time and make sure you are following tips from professionals to make your paint job look like it was done by a pro.

Updating wood features

Many older houses feature beautiful wooden doors, cabinets, railings and other features. However, like with paint, stained wood will experience wear-and-tear and trends change around what colours and types of stains are considered contemporary. Refinishing wood is a relatively easy home improvement project that you can do yourself. However, if you want to keep it even simpler and more budget friendly, just replacing hardware like door knobs and cabinet pulls can give a surprising visual lift.

New window dressings

Window dressings, like curtains and blinds, can get damaged and dingy over the years, and tastes can change as well. Upgrading your window coverings is a budget-friendly home improvement that can have a lot of impact without much effort.

Improve livability:

Ceiling fans

While they may feel a bit retro, ceiling fans are making a comeback as homeowners realize that they actually help you save money! By circulating air, ceiling fans help equalize temperatures and reduce your cooling and heating expenses. And since they are installed in the same bracket as your existing ceiling light fixture, they are a suitable DIY project since you don’t need to add any wiring.

Cork flooring

Cold floors are miserable on the feet and rough on your heating bill. Modern cork flooring is an attractive and easy-to-install material that will provide excellent insulation as well as a comfortable, springy walking surface. Many manufacturers now make cork flooring that snaps together without glue or nails, and can even be installed as a floating floor over your existing flooring. It may set you back $6 to $8 per square foot, but you can save on labour by installing it yourself.

Programmable thermostats

Never nag your family about their heating habits again! Programmable thermostats can save you hundreds of dollars a year in heating bills. Many systems can now be controlled by apps too, meaning that you can actually track your energy use and adjust the temperature in your home remotely, such as turning up the heat an hour or two before you arrive home after a trip.

Once you have an idea of what your needs and priorities are, an important tip is to consider hiring a professional design team for the planning process.

Living Room Renovations

Posted on by Canadoo Admin
Living Room Renovations

Living room renovations can be challenging but very rewarding.  By remodeling your living room, you can breathe new life into your home by highlighting your personal style while introducing modern design elements.  Still, some of the challenges associated with living room renovations include planning and budgeting, hiring tradespeople, and choosing furniture and decorative elements.  So, if you’re thinking of renovating your living room but you don’t know where to start, here are some tips to ensure a seamless renovation project.

Careful Planning is the Cornerstone to Success

As is the case with any home renovation, a well-developed plan ensures successful execution of your living room renovation project.  Research all the details in advance including materials, professionals, furniture, and everything in between.  When you take the time to plan your living room renovation, you can carefully develop your ideas, source costs, and determine a budget.  If you are not comfortable with organizing and executing your own living room renovation project, consider working with professional contractors and designers that can help you lay out a plan so your vision takes life.

Using the Space

One mistake many homeowners make when planning their living room renovations is they fail to consider their lifestyle.  If you have young children, your living room design will likely take on an entirely different character than if you are single or even a retired couple.  Also, remember to consider your long-term needs – you may not have children now, but what about in the future?  Alternatively, your kids may be moving out to start their own lives soon; how will this impact how you use the space?  Ultimately, knowing how you plan to use your living room will help you make decisions about furniture, flooring, and many other factors.

Ask your Friends

Another tip that can help you make the most from your living room renovation project is to talk to friends, colleagues, and associates about their own renovations.  What worked and what didn’t work?  Can they recommend contractors or tradespeople?  The more information you can gather about living room renovations, the better; but, you needn’t fumble through the process on your own – use your resources so that you can make the best possible decisions for you and your family.

Design Trends

One final piece of advice is to be mindful of design trends – especially if one of your renovation goals is to boost the resale value of your home.  Living room renovations can have a significant impact on how people perceive your space which may be good or bad when it comes to selling your home.  While design trends can often have lasting impacts on how we style our homes (think hardwood flooring), there are other trends that are more of a flash in the pan.  You don’t want to invest in a renovation that will make your home appear outdated in just a few years’ time.

Home Addition Ideas to Increase the Value of your Home

Posted on by Canadoo Admin

Home additions can not only make a significant impact on the comfort and quality of your life, they can also have a significant impact on the value of your home.  Adding living space such as kitchens, bathrooms, or bedrooms or even making space for more storage are all investments that can increase the selling price of your home.  While you may already have some ideas of additions for your home, here are some home addition ideas to increase the value of your home.

A Home with a Story

Building a second story on your home is a big project, but one that brings a big payoff.  Story additions can almost double the living space in your home while also increasing your home’s value.  These additions are certainly costly – you should expect to spend somewhere upwards of $100,000 depending on many factors including the current size of your home, its structural integrity, and even your geographic location. 

Make sure you work with a qualified builder and architect so that the addition is done safely and to building code.  Not all home foundations can support an additional story, and some cities or neighbourhoods may have bylaws that prohibit these additions.

Make it Roomy

If adding a second story is a project that seems like you’d be biting off more than you can chew, consider adding a room or suite over your garage.  You can increase your square footage while potentially creating a revenue stream by building a suite you can rent out.  Homes with rental suites are highly attractive to buyers because they can help mitigate the cost of a mortgage. 
Or, if you are not interested in renting out to strangers, it makes a great space for guests.

Nowadays, modular additions are an attractive option for homeowners to add rooms, suites, and even stories.  These pre-fabricated living spaces are great for smaller homes or single-story homes because they are cheaper than custom additions and most of the construction occurs off-site thereby limiting the inconvenience associated with large and lengthy home addition projects.

Basement Bang for your Buck

Perhaps the most common and affordable of all home additions is a finished basement.  If you currently have a blank canvas of a basement, finishing that space can considerably expand your living space while also leaving a significant mark on the value of your home. 
Add a suite, a living room, or an entertainment space and you’re sure to see an excellent return on your investment.  In fact, many basements can be finished for under $20,000 (sometimes just a fraction of that cost) which will easily pay for itself when you consider the impact on the selling price of your home.

These are just 3 home addition ideas to increase the value of your home, but there are many other additions to consider – kitchen or bathroom additions and expansions, converting a porch to a sunroom, or adding outdoor living spaces…the options are only limited by your imagination.

Home Renovation Planning

Posted on by Canadoo Admin
Home Renovation Planning

When it comes to keeping a home renovation on time and on budget, planning is the single most important factor home owners need to consider.  Your dream renovation should always be your goal, but cost and affordability are very realistic concerns that may impact the scope of your project.  Big ticket items tend to make a big impact in a renovation, and home owners can make the mistake of jumping the gun by purchasing cabinets, appliances, fixtures, or furniture before they know what the project will cost.  Planning your finances before you begin your project is the cornerstone of successful renovations.  So, what do you need to know about home renovation planning?

Prioritize

First and foremost, prioritize your home renovation budget.  Working with a contractor or a home renovation expert can help you plan for the cost of different elements of your budget.  Then you can prioritize the items that are “must-haves” versus “nice-to-haves.”  You should also consider more than the cost of the item, but also the impact and necessity.  For example, if you have an older home and you want to upgrade appliances or lighting, you may need to consider whether your home’s current electrical system is up to code.

Padding your Budget

Also, remember that you might not be able to calculate all your costs up front – with any successful renovation, you should plan for at least 10-15% of your budget to go toward unexpected costs.  In fact, home renovations regularly cost more than anticipated, and some experts suggest padding your budget by up to 25%.  In general, smaller budget projects can get away with a little less padding, whereas with larger projects you need to save more for contingencies.  It also helps to have prioritized your project before you begin because that can help you decide where to compromise if you are getting close to your budget.

Paying for your Renovation

Once you’ve planned and budgeted your renovation, you’ll need to start paying for it.  Ideally, you have the funds available to cover all the costs of the project, but some homeowners prefer to seek out alternative financing.  Credit cards are one of the most costly approaches to paying for major home renovations because the interest rates are high.  Your financial institution may provide a low interest loan, particularly if you have equity in your home.  Ensure that repayment of any loans is within your monthly budget before you break ground.  Some homeowners make the mistake of overextending themselves which can create significant stress related to financial hardship. 

Your dream renovation can certainly become a reality and all it takes is careful planning.  Imagine your future home, prioritize your project, set a budget, and organize your financing and you’ll be well on your way to a beautiful and successful renovation.