Have you ever thought about doing renovations to your home? Well, if you have, you are in good company among your fellow Canadian home owners. According to a 2013 Hanley Wood survey, reno sales were up 10% compared to 2012, and 45% with a projected growth of another 10% in 2014. Clearly, a trip to Rona or Home Depot is common for Canadian households!
What are the hot trends? One trend that has been mentioned in various design magazines as enjoying a resurgence in 2014 is the use of brass hardware and accents. This type of brass is a little different that its predecessors as dull or hammered brass is the popular choice now, rather than the shiny brass your grandmother might still boast of. According to David Stafford, Managing Director of Real Estate Secured Lending at Scotiabank, "the value-add depends on so many factors, including location and current trends, so whether or not you fully recover your investment may vary". This is true and valuable advice.