Episode #31 - Home Ownership: Tips for Renovating the Right Way

Series: Home Ownership (Part 6 of 9)
Publish Date: Tuesday, May 22, 2007
Host: Michael Seaton, Director, MyVault Relationship Team
Guest: Mark Salerno, Canada Mortgage and Housing Corporation (CMHC )

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Whether you are renovating for lifestyle or simply for maintenance, home renovations are almost always a good investment. In this episode, guest Mark Salerno of CMHC gives advice on how to boost the resale value of your home by choosing the right renovations, as well as how to proceed once you've decided to make changes to your home.

  • 00:00 - Intro music.
  • 00:31 - Host Michael Seaton introduces the series, himself, guest Mark Salerno and today's topic.
  • 01:10 - What are the reasons for, and rewards of home renovations?
  • 01:29 - How do you decide which renovations are right for you?
  • 02:17 - Do some renovations offer greater payback than others?
  • 02:53 - How to proceed once you've decided to renovate.
  • 03:46 - Renovating to make your home more energy efficient.
  • 04:35 - What should a home renovation contract cover to ensure that the work will go as planned?
  • 05:31 - Selecting the right contractor.
  • 06:41 - Wrap up.
  • 06:55 - Outro music.

References in this podcast:

1. CMHC Sample Renovation Contract

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