New survey finds that investing in home renovations is key to competitive market

A new survey by RE/MAX Ontario-Atlantic Canada found that a significant number of Ontario homeowners are investing in renovations before listing their homes for sale.

The RE/MAX Survey of Home Buying and Selling Trends in Ontario found that 79 per cent of sellers said they made improvements to their homes two years prior to listing. The survey found that home sellers are spending on average, $21,000 in renovations; the most popular of which are updated kitchen cabinetry,

• hardwood flooring,
• new windows,
• an open concept; and
• a finished basement.

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