To Renovate or Move - That Is the Question!

Posted by on October 27th, 2012

You've outgrown your home for one reason or another and are wondering whether you should be renovating or moving out altogether. If you're adding up the finances of both options, here are a few things to ponder.

Financially speaking it usually works out to be cheaper to renovate your home than to upgrade it once all of the fees have been taken into account. You will have to factor in higher mortgage payments, land transfer and legal costs on top of the move itself. When you look at the cost of the renovation only versus a new home purchase, it usually works out cheaper to renovate. This, however, also depends on the extent of the work involved, of course.

Cheaper isn't always better

While you may save some money by renovating, there are a lot of…

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Energy Tips to Reduce Your Utility Bills

Posted by on October 17th, 2012

How much of your income is dedicated to keeping your house at the right temperature or running your appliances? As energy prices continue to go up you can expect even more of your hard earned money to go towards paying these bills. While some people haven't devoted a lot of time into looking at different ways to save energy costs, many are now sitting up and taking notice of the rising costs. Fortunately there is something you can do about it!

 

1. Cut down on drafts

A tube of caulking only costs about $10 and can work wonders on drafty doors and windows. Together with weather stripping and the right insulation you can cut down on at least 5% to 15% of your heating loss.

 

2. Remember your furnace filter!

This is one of the things that can…

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