First, buyers should understand the 1% rule. This rule postulates that normal maintenance on a home is about 1% of the value of the home per year. For example, a $250,000 home would require $2,500 per year to maintain. This would be enough to replace the roof covering...and then, a few years later, to replace a failed hot water tank...and th ...
Imagine having a 400-square-foot area in your home that remained untouched and unused?
A room that stayed empty, only to collect dust and cobwebs.
Seems like a bit of a waste, doesn't it?
Well, today, many homeowners are converting the wasted space often found in lofts and attics into special rooms of their own.
"Today, people have more need for space," says Greg Miller, owner of G.E. Miller ...
By Derrick Penner, Vancouver Sun
Homeowners will likely spend more money to improve energy efficiency and less on high-design esthetic renovations under the new federal home-renovation tax credit, says a new report.
Scotia Economics' latest Real Estate Trends report also forecasts further slowing of sales and price declines through 2009.
"The economic environment, the financial market environ ...
These guys put Laminate Flooring on the deck of their condo to prove how tough it is. Talk about believing in your product. Follow them at: www.watchuswreckafloor.com
The National Association of Home Builders put out a study on the expected longevity of home components. Here are their findings. Click here to read the entire report.
Appliances
The life expectancy of a typical appliance depends to a great extent on the use it receives.Moreover, appliances are often replaced long before they are worn out because changes in styling, technology and consumer pref ...
Published: Thursday, April 24, 2008
Home renovation is both a financial and emotional investment. The members of the Renovation Council of the Greater Vancouver Home Builders' Association (GVHBA) say a professional renovator will help you to get the most value for your investment and provide peace of mind.
A successful home renovation begins wi ...
Wood is a remarkable material -- infinitely varied, easily workable, biodegradable and renewable to boot. But it does have an Achilles heel: Compared to many other building materials, wood is quite perishable. Hence, using wood in architectural details subject to weather is really asking for trouble ...
