Is Now the Right Time for Your Home Renovation?
You’ve probably heard that the price of lumber is through the roof, as the housing market remains white-hot and demand is at an all-time high. Also, many people are deciding the time is right for a home renovation, now that they are spending more time at home. Even industry experts are divided on when or even if lumber prices will return to pre-pandemic levels. Ultimately there is only one person who knows if the time is right to renovate your home, and that person is you.
So How Do YOU Know If the Time Is Right to Renovate Your Home?
A lot of deciding if the time is right to renovate comes down to budget and quality of life concerns. Again, there is some confusion, as interest rates are still very low but demand and prices are high. So more than ever doing your reno homework and finalizing your financial commitment to your home reno is more important than ever.
Contrary to what many people believe, the main benefit of a home renovation is an improvement to your quality of life while you remain living in the home, not the resell value of your home. So again, think of yourself first when planning a home renovation. What is best for your family’s needs?
Home Renos That Offer Year-round Quality of Life Improvements
Kitchen, basement, and bathroom renovations remain the most popular home renovations, accounting for over 40% of all home renos in Canada. That just reinforces the fact that the main goal of a home reno is to improve your quality of life. A newly renovated kitchen, finished basement, or updated bathroom gives you and your family benefits all year round.
Award-winning A & R Renovations Inc. has over 25 years of experience in the home renovation industry and can help you throughout your home reno project, from ideation to completion. Give us a call to get started on your home reno.