Posts Tagged ‘Home Renovation’

6 Ways to Spruce UP your home for under $1000!

Thursday, April 2nd, 2009

Whether you;re getting ready to sell or just want a quick pick-me-up, these decorating ticks- which can be done for under $1,000 –  will turn your place from drab to fab!

1 – PAINT- It’s no wonder painting is on the top three paybacks for resale value. A fresh coat makes any room or home look new and pristine. Try warm grey for a contemporary update, lighten up with a classic beige, or paint once wall a crisp – bold color for an accent wall!

 2 – DEFINE YOUR COULOUR SCHEME – Choose a colour scheme and edit your things to work within it. Aim to have one or two main colours, or stick to a single colour family plus one accent colour to “pop”. No eye for colour? Study a couple of home decor magazines for inspiration

 3 – EDIT YOUR ACCESSORIES – Clear a room of everything except for the furniture, carpeting & curtains. After leaving it for a day or two, bring in accessories one at a time- either stuff you have of something new. Try throw cushions, a statement- making collection of vases( groups of three or five works best), or a piece of art. Don’t add too much, and store the rest to rotate in later.

 4 – REFRESH TIRED FURNISHINGS –  Shampoo upholstery and carpeting. Reupholster a worn couch, or invest in slip covers. If there’s a piece your really don’t like, give it away and replace with something you love. Treat solid hardwood with furniture oil/ polish.

 5 – REPLACE FIXTURES – FAUCETS & HANDLES – Updating kitchen and bathroom taps for a more contemporary design will make the whole room look better. Change cupboard  pulls to brushed chrome/nickel. Cover door knobs to lever-style handles. For the best results use a consistent style throughout your home.

 6 -LIGHT UP YOUR SURROUNDINGS – Throw a little light on the subject – your home – to instantly refresh it. You can illuminate dark corers for a warmer cheerier atmosphere. While recessed  lighting is attractive, its also costly. To economize, add track lighting  to hallways or bedrooms, scones in a vestibule, and new table and floor lamps in the living/dining room.

Time to act on home renovations!

Thursday, April 2nd, 2009

IF YOU’VE been planning a home renovation, but keep putting it off, this is the year to move forward. The home renovation tax credit announced last week offers a 15 per cent tax credit of up to $1,350 for eligible renovations to home or cottage.

In addition to major undertakings like a new kitchen or bathroom, the credit can also be applied to projects like a new furnace or water heater, or a resurfaced driveway. Items like new furniture, appliances or home electronics would not be covered.

The total cost has to be in excess of $1,000 and the credit tops out after $10,000 – the 15 per cent credit is applied to the amount between the $1,000 minimum and $10,000 ceiling, hence $1,350. It’s a non-refundable credit, which means it will reduce your taxes owing, but you don’t get the cash if you have a positive balance.

You can do the work yourself, or hire someone else. However, you can’t hire close friends or family members unless they have a GST number. Any member of the family can claim the tax credit, or it can be shared among family members. The materials and labour for the project must be purchased before Feb. 1, 2010.

Home Sweet Home Team

 

Julie Vesuwalla

julie@homsweethometeam.ca

Direct : 403-874-9021

 

Jeff LeBlanc

jeff@homesweethometeam.ca

Direct : 403-542-6926

 

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