Toronto, Canada (PRWEB) April 22, 2014
Cedar Wood Structures Inc. (http://www.CedarWoodStructures.ca), the Greater Toronto Area’s leading provider of custom outdoor living structures, custom cabanas, and residential renovation and condominium improvements, is offering an expert opinion on the value of outdoor renovation projects.
Even though the thought of renovations seem daunting, about 40% of Canadians are planning some form of renovations this year and roughly 55% are planning major renovations within the next five years. (Sources: “CIBC Poll: Renovation Nation? Canadian say they’ll spend almost 30% more on home renos in 2014,” Yahoo! Finance, March 27, 2014; https://ca.finance.yahoo.com/news/cibc-poll-renovation-nation-canadians-080000338.html; Kent, K “How will you pay for that renovation?” The Toronto Star, March 14, 2014; http://www.thestar.com/life/modernmoney/2014/03/14/how_will_you_pay_for_that_renovation.html.)
“Most of those renovations are going towards general home maintenance,” says Val Dumitriu, owner of Cedar Wood Structures Inc. “That shows that although Canadians do want to improve their homes, they are still being smart with their money.”
Although the inside of the home tends to be the focus for renovations, particularly when homeowners are thinking of adding value to their house, it’s important to remember that outdoor improvements are just as important and can also yield significant returns. Dumitriu suggests thinking of it from a practical point of view; the first thing a buyer sees is the outside of a home, meaning it’s what gives sellers that initial flush of confidence to like the rest of the house. He also notes that adding something like a wooden custom deck gives homeowners a return of close to 90%.
While a custom deck may provide the biggest return on investment, Dumitriu explains that other outdoor renovations can also add value to a home and increase the visual aesthetic. For example, adding something like fibre cement siding can be a huge benefit and can increase the value of a home just as much as adding a custom deck. (Source: Havre, J. “The Top 2014 Home Renovations that Can Add Resale Value to Your Home,” Justin Havre & Associates web site, March 14, 2014; http://www.justinhavre.com/blog/the-top-2014-home-renovations-that-can-add-resale-value-to-your-home.html.)
“However, these aren’t necessarily do-it-yourself jobs, especially when it comes to more complex projects like designing and installing custom pool cabanas. That’s why it’s best to hire a professional if possible,” Dumitriu concludes. “These are projects that take a team of professionals working together to create the right look, design, and appeal. And if these jobs aren’t done right, they can actually devalue a home significantly.”
Cedar Wood Structures Inc. specializes in designing, building, and delivering quality custom pool cabanas, gazebos, garden sheds, studios, outdoor bars and kitchens, pergolas and trellises, custom decks, and other outdoor living structures. Cedar Wood Structures Inc. also specializes in residential renovation, condominium improvements, and general contracting. With over 20 years of construction experience, company owner/operator Val Dumitriu holds a master’s degree in civil engineering and is a certified building inspector. Cedar Wood Structures Inc. serves the Greater Toronto Area, including Mississauga, Brampton, Caledon, Vaughan, Markham, Newmarket, Aurora, Oakville, Burlington, Milton, Richmond Hill, Pickering, Ajax, Whitby, and Oshawa. To learn more about Cedar Wood Structures Inc., visit the company’s web site at http://www.CedarWoodStructures.ca, e-mail us at info(at)cedarwoodstructures(dot)ca, or call toll-free at 1-888-993-8855.