Big Decks and Big Patios = Good Return on Investment

Outdoor Space

Big Decks and Big Patios = Good Return on Investment

It All About the Great Outdoors

Now it’s all about outdoor living space. This is the latest recommendation for good return on investment, ROI in any home renovation project. Remember that Calgary is the sunniest of Canada's large cities. We enjoy an average of 2,396 hours of sun each year.

Hey Calgary! Go Big!

A bigger deck or patio is the way to go even if it means tearing up some lawn. A prospective buyer will never know that the grass is gone. Besides, if he or she sees a sweet way to enjoy expanded living options they may be more inclined to make an offer.

Better than 80% Return

According to a recent report by Remodelling magazine, the ROI for outdoor living space is as high as 81%. When the potential buyer sees a big deck or big patio they may start to see stars in their eyes. Big parties, big barbecues and big-time entertainment. It is way more fun than cutting the lawn.

Outdoor Furniture is selling Big-Time

Celia Kuperszmid Lehrman, the deputy home editor at Consumer Reports, says that decks appeal to today’s thrift-conscious consumers. They are looking to save money by spending more time at home. That can explain why, Easy Analytic Software Inc. data shows that outdoor furniture sales are expected to increase by 21.4% by 2016.

Warning about Hot Tubs

Inheriting someone else’s hot tub is usually a turn-off.  Many potential buyers find them to be a little gross. Once a hot tub is installed, it's not that easy to remove from a deck or backyard.

Remember the Curb Appeal

Although a deck or patio is good ROI, a soon-to-be owner doesn’t want dirt and grime. Think about pressure washing an older deck or patio to make it look like new. While you are at it, the driveway, house façade and outdoor furniture may also need a cleaning. It makes sense to get rid of algae, mould, mildew stain, grease and road film to get your property ready for the market.

For more ideas on ROI call Chris Ashby 403-480-4479.

Visit: http://www.liveinokotoks.com/

Visit: www.yourhomeinalberta.com/

 

 

 

Big Concerns for Proposed Calgary Mall
Too Big and Too Massive
Too big and too massive are some of the adjectives used by residents of the nearby communities of Crestmont and Valley Ridge, to describe a proposed commercial development known as Bingham Crossing. While Calgary is considered a shopper’s haven, plans for more retail development, this time to the west fringe of Calgary, are in the works once again. The company responsible for the new mall, Rencor Development argues that the proposal would include high quality shops and significant seniors’ housing.
Like Shopping on Steroids
A resident of the Crestmont community, Janet Shygera, has commented regarding the proposed site, “I’m concerned about the size of this. It’s going to be like having shopping on steroids.”
Reduced somewhat by the developer, Rencor, the proposed size of 62 acres on a parcel of land of more than 300 acres appears to be going ahead. The British Columbia-based developer states that the new centre will be a unique, pedestrian-friendly destination unlike any other in Calgary.
Could be Devastating
John Panagakos, owner of Van Gogh’s Bar and Grill in Valley Ridge has expressed his concern, “The reason we survive here is because we have this local market to ourselves.” He added, “If there’s a big mall, it will devastate us.”
NIMBY’s Legitimate Concern
Although being called, NIMBY’s by some, residents remain opposed to something they fear will generate more traffic in their neighbourhood and that is a concern due to a rarity of access points. Some say that the traffic access point at Crestmont Boulevard for traffic headed east on the Trans-Canada and Valley Ridge Boulevard for traffic headed west just isn’t large enough. It could create bottlenecks in the community.
Just Too Big for One Entrance
“This is just too big for just one entrance,” said Dave McCarrel, director of planning for Valley Ridge. “This thing is supposed to be even bigger than Market Mall, and Market Mall has seven access points.”
Area Councillor, Ward Sutherland says that he will work with the city and the province to reconfigure interchanges as needed.
Wonder if you should sell or buy and when? Give Chris a call 403-680-4479
Visit: http://www.liveinokotoks.com/
Visit: www.yourhomeinalberta.com/