Top 3 equity-building renovation tips to tackle in the summer
Monday Nov 06th, 2017
Are you ready to create some lasting memories now that the good weather days are returning? No matter whether it's enjoying the company of family or taking in the beautiful landscapes of Canada, there is always a little piece of paradise that can be found during those scorching hot days.
You don't, however, have to travel very far to find your oasis. With a few renovations, you can create a world that reflects you and your family – and projects of this kind also help to protect your investment.
“Renovations add value to your property,” says Sylvain Renaud, vice president, personal lines at Intact Insurance. “Before you do any renovation work, my first tip is to contact your broker to make sure you're sufficiently covered.”
Here are three more summer renovation tips:
If your driveway is pushing 20 years old, it's probably time to redo it. The materials in asphalt start to fail over time and patching up spots is only a temporary fix for a bigger problem. Warmer months provide the perfect opportunity to create a smooth, bump free driveway, with time and high temperatures being key factors to avoid premature hardening.
2. Protect your basement from water damage
When refinishing the basement, make sure to deep-seal the concrete to prevent water seepage, water vapour and soil gases like radon. This can protect you from problems down the road.
Replacing your roof can save you money in the long run. Use materials that are resistant to hail and wind for both the roof and siding.