Before embarking on any kind of home renovations, it pays to know what will add the most value to your home. Here are some key home improvements that will add value to your house by improving its re-sale value:

1. Home Additions and Extensions

An addition adds more space and that brings the biggest re-sale return and adding a second story, or extending a bungalow is worth the investment. Bedrooms, living room and kitchen are the best candidates as they are the most commonly used.

Tip #1: Seriously consider whether or not you are over-renovating. Many homeowners think that the only way to increase the value of the home is to spend money on expensive remodels. Sometimes the simplest or least expensive update can give you the best return. 

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INVESTMENT PROPERTY ROI, SECONDARY SUITES AND MORE: DIRT GOES UP IN VALUE… BUILDINGS GO DOWN

2024 Update: Drop me a line to learn more about How Edmonton’s New Zoning will effect all of this

Land vs Building Impact on ROI long term Equity  (Pdf download)

When investing in real estate, there are many factors to consider when defining your goals & strategy.

When it comes to rentals, 3 factors that have impact on your mid to long term equity and your short term/Cash flow are: Rent (income); Purchase price plus improvements & maintenance (cost); Appreciating & depreciating assets (equity). The latter’s impact is sometimes underestimated.

The “ballpark” scenarios here intend to illustrate the potential impact of rent value vs equity factors:

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Who doesn't love the thrill of finding something unusual at a market? Be it a tasty treat that you haven't sampled before, a cool new gadget or a funky piece of art; summer markets in Calgary do not disappoint! 

For this week's blog, we run down our #Top5 picks for June Markets in Calgary.

1. MARKET COLLECTIVE ~ SUMMER TAKEOVER AT THE ST.LOUIS HOTEL

This market is running all summer at the historic hotel nestled next to the new Central Library and the National Music Centre. Featuring the usual fun exhibitors, this market will also have art installations, food trucks, DJs and musicians. There is even a basketball court outside!

http://marketcollective.ca/

2. INGLEWOOD NIGHT MARKET

Yes, we have mentioned this before, but if we are…

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Funnyfest Calgary Comedy Festival

All week – multiple venues

Running from May 29 – Jun 9 this is a fun way to beat the heat if you’re so inclined! This festival enters its 19th year and is featuring 70 comedians taking the stage. Multiple venues will host a minimum of 6 comedians on each bill and tickets are only $20.

funnyfest.com

 Funnyfest

CHROMA Art Installation

All week – Southcentre Mall

Totally Instagram worthy! A must see – this is an innovative public art installation from local Calgary artists. It is inspired by the colours of spring and is truly a fun experience for the whole family to check out while shopping at the mall.

Southcentremall.com

Inglewood Night Market

Every second Friday – starts June 7th

Get out and…

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