Max Ortoli, Sales Representative - 416.970.0352 - Email Me - Nikki Lobello, Sales Representative - 416.553.2008 - Email Me - Giancarlo Randazzo, Sales Representative    

       

 

 

 

 

 

Home Improvements

The following information is from NAR's national real estate marketing publication. It should be used only as a general guide to ranking the importance of these improvements. Many factors will affect the appraiser's opinion of these improvements including, location, value range of home, market trends, age of home and quality of improvement.

Percentage of your investment that is recouped at resale:

150%   Remodeled Kitchen

A kitchen update can reward a seller with a sizable payback. Just remember though; splurging on fancy finishing materials or sophisticated equipment may cut into your profit. Keep it simple.

100% Revitalized Lawn and Garden

A verdant lawn and a modest but colorful flowerbed will entice potential buyers. The few hundred dollars invested may yield several thousands in profit.

100% Fireplace

Especially if it is energy efficient, such as a gas-powered model, a fireplace holds the promise of cozy family gatherings around the warmth of the hearth.

90% Second Bathroom

All it takes is a simple 5x9 foot extra bathroom to make mornings more civilized for most families. However, don't count on a return on extras like a heat lamp or whirlpool tub.

80% Room Addition

For the most attractive return of your investment dollars later on, the added room should be today's popular family room or a third bedroom.

80% Remodeled Bathroom

A master bathroom is on many buyers list, so invest here. If you own only one bathroom, install two sinks or a double vanity to handle the morning crowd.

70% Expanded Master Suite

To keep costs down, try to find extra space to create this wish list item by combining existing rooms and spaces. Heavy structural work entailed by adding square feet diminishes your return.

70% Deck

Outdoor living space is a desirable asset no matter where the locale. No maintenance decking material leaves lots more leisure time, too.

50% Exterior Paint

Sprucing up tired siding, trim, etc., can take years off the look of an older house.

50% Finished Attic

You can expect to recoup more of your investment if you make sure the renovation does not detract from the aesthetics of your home. It is especially attractive as an extra bedroom in a small house.

40% Finished Basement

This is a great way to gain added living space without building a costly addition. If the basement has an access door to the outdoors, the project becomes more valuable.

40% Heating Systems

Replace it only if your old system is dysfunctional. Depending upon a buyer's priorities, a new energy efficient furnace may or may not be a selling advantage.

35% New Windows and Doors

Buyers appreciate changes that improve the look of a house, so attractive new French doors, for example, may be a plus. Energy efficient units are an ecological boom, but may be a resale bust.

30% Garage

Don't go overboard to blend it into your home's architectural style. Its desirability increases if you live in a part of the country with a harsh climate.

0% Swimming Pool

Unless you live where the sun always shines, such as Southern California, this luxury item can detract from your resale profit.

 

  

 

 

 

MAX ORTOLI, Sales Representative

Prior to joining Homelife/Romano Realty Ltd., Brokerage, Max was a telecom analyst from 1993-2007 with Fortune 500 Companies, Invesco and PWC.

In 2007 Max began his full time real estate career. His goal is to add value and an enriching experience for both himself and his clients when buying or selling Real Estate. Having bought and sold several investment properties, Max has first-hand knowledge on the dynamics of working with investment properties as well as the intricacies of renovating homes. Max looks to serve clients with unsurpassed professionalism; as a result he has received a Certificate of Achievement award annually for his accomplishments. These awards exemplify Max’s strong personal commitment to Knowledge, Respect and Results for his clients and his career.

 

 

NIKKI LOBELLO, Sales Representative

Nikki Lobello received a Double Honours Bachelor Degree in French and Italian Studies from York University in 1999.

Prior to joining Homelife/Romano Realty Ltd., Brokerage, Nikki worked in the structured environment of the financial industry for 8 years. Having worked in the customer service sector her poise and perseverance left a lasting impression on those who worked with her and supervised her.

Nikki’s professionalism, warmth and approachability have made her an award winning Real Estate Salesperson. Her motivation and determination to succeed in this field have garnered her and her client’s successful results. Continuously seeking to improve her knowledge and skills, Nikki has completed the HomeLife University Education and Marketing Course and the SRES Designation (Seniors Real Estate Specialist). Her ability to connect, understand and surpass her client’s needs and expectations is an invaluable asset for all her clients.

 

 

GIANCARLO RANDAZZO, Sales Representative

Having earned a Bachelor of Arts in Philosophy with designations in Applied and Practical Ethics with an emphasis on business transactions in concert with a wealth of experience in customer and client-oriented services in the construction, hospitality, academic, and financial sectors, Giancarlo is committed and passionate about sustaining open and transparent relationships with an attention to detail in order to help others be more successful in navigating the real estate industry.

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