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Friday, October 2, 2009
The Reno Coach to the rescue!
Sunday, September 20, 2009
Renovation Leads to Separation – Staying Together After All the Work is Done
by: Rosalin Smith-Carr on August 21st, 2009
There is an old idiomatic expression in the real estate industry that goes, “Renovation leads to separation.” This is especially true if the family inhabits the home while the renovation is taking place. Noise, dust, cramped quarters and dealing with unreliable contractors take a huge toll on even the most stable relationship.
If your family is prepared to weather the emotional toll, following is when it makes sense to move forward with a home remodelling project.
As renovating can get expensive – quickly - sometimes it makes sense to move. To illustrate, consider this: let’s say you own a beautiful two-bedroom, semi-detached home on a lovely, quiet street. You need a third bedroom and would like to have a family room on the ground floor. You’d also like a pool.
No matter what your decision, get some helpful first-hand advice before making it. Seek out the following three people:
(i) an experienced, local real estate agent. They’ll be able to advise you on tangibles like resale value;
(ii) someone who has gone through a similar home remodelling project. They’ll be able to tell you what to expect, e.g., cost, how long it’s going to take, recommend contractors, etc.; and
(iii) a contractor who can provide you total costs for your Toronto home remodelling project.
Monday, August 17, 2009
Couple's renovation nightmare is demolished
City officials said the collapsed foundation rendered the entire structure unsafe.
Couple's renovation nightmare is demolishedctvtoronto.ca When Kyla Prashad and her husband started renovating their home in Toronto's east end, they hoped to finish the repairs themselves and re-sell the house for a modest profit. Instead, the young couple is facing a $100,000 demolition bill after city officials labelled the house unsafe. The couple, who have a young daughter, had yet to live in the two-storey house and invested tens of thousands of dollars into fixing it up. To make matters worse, the couple was told that since they did the renovations themselves, insurance won't cover the tab to take the house down. "This has basically been our dream, and it's all coming crashing down - and we have to pay for it (to come) crashing down," Prashad told CTV Toronto's Dana Levenson Tuesday. During the renovations, the couple made some excavations in the home's basement, but heavy rains over the weekend led to flooding water that weakened the supporting walls. On Sunday, the foundation walls collapsed in on themselves. Now, only the front and back walls are holding up the house, and city officials say the entire home is completely unstable and must come down. On Tuesday, a large gap was visible between the ground and the bottom of the home's side wall. "The entire foundation wall of the building has basically collapsed into itself, and we have a building that's in an unsafe condition," a city official told Levenson. The demolition was slated to start Tuesday morning, but was delayed until later in the afternoon. Prashad, along with her husband Jason Carey, planned on using the profits from the sale to pay for the renovations and to clear some debt. "I just hope that this is actually the right thing that's happening," said Prashad. With a report from CTV Toronto's Dana Levenson |