iDEALtoronto

  • Listings
    • Exclusive listings
    • Commercial
      • For Sale
      • For Lease
    • Residential
      • For Sale
      • For Lease
    • Condos
      • For Sale
      • For Lease
  • New Projects
  • Finance
    • Mortgage Calculator
    • Mortgage Rates Charts
    • Mortgage Rate Comparison
    • CMHC Insurance Calculator
    • Land Transfer Tax Calculator
  • Blog
    • Market Updates
    • Events
    • News
    • Community
  • eBooks
  • About Us
    • Contact Us
    • Team Directory

News

When buying a new home, what upgrades should we go for? What holds the most value? Do we upgrade the lot? Pick more square footage in the house? Add an extra bedroom?, etc.

By

admin

Posted in On May 02, 2019

A lot depends on why you are buying the house. Are you buying it mostly as a home or mostly as an investment? There is a difference.

For the most part, upgrades are high-profit items for builders. They aren’t designed to enhance the value of the house, but make you happier with the house you do buy.

If you are looking at your home as an investment, then you buy from the smaller to medium size in the tract and spend only a minimal amount on upgrades. If you are looking at your purchase as a home, then you select upgrades that will enhance your quality of living.

One rule of thumb is to always upgrade the carpet and padding.

Agents

Rod-limoochi-iDEALtoronto-team-circle

Rod Limoochi

limoochi@iDEALtoronto.com
416-716-8767
Joyce-Hsu-iDEALtoronto-team-circle

Joyce Hsu

joyce@iDEALtoronto.com
647-278-8888
tracyContact-circle

Tracy Jia 贾小旗

tracy@iDEALtoronto.com
647-527-8186
Ken-Li-iDEALtoronto-team-circle

Ken Li

ken@iDEALtoronto.com
437-788-8886
Ali-Rezakarimi-iDEALtoronto-team-circle

Ali Karimi

ali@iDEALtoronto.com
416-697-2703
Remax condos plus logo
About Us
Contact Us
Home Valuation
+1 (416) 716-8767
chairmans Team Logo white   remax logo hall of fame     remax logo hall of fame
children's miracle hospitals

All Rights Reserved 2021 © iDEALtoronto. 991 Bay St, Toronto, ON M5S 3C4, Canada

Terms Of Use | Privacy Policy | Sitemap

Owning a home is a keystone of wealth… both financial affluence and emotional security.

Suze Orman
8th February 2023 Wednesday!
iDEALtoronto
  • Login
Forget Password?

iDEALtoronto Logo
  • Listings
    • Exclusive listings
    • Commercial
      • For Sale
      • For Lease
    • Residential
      • For Sale
      • For Lease
    • Condos
      • For Sale
      • For Lease
  • New Projects
  • Finance
    • Mortgage Calculator
    • Mortgage Rates Charts
    • Mortgage Rate Comparison
    • CMHC Insurance Calculator
    • Land Transfer Tax Calculator
  • Blog
    • Market Updates
    • Events
    • News
    • Community
  • eBooks
  • About Us
    • Contact Us
    • Team Directory