October 14, 2021

Why renovated homes are selling exceptionally well during Covid

As records are being set across the GTA on every property type, the premium paid for renovated homes appears to be growing disproportionately. In the past, premiums for renovated homes allowed buyers to save on time, stress, and lack of knowledge as it pertains to managing a renovation. The increase to the renovation premium in 2021 factors in a price hedge. The same renovation that cost $150k in 2019...

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