When it comes to home improvement, undertaking a full-scale remodel has never been more popular. As land transfer taxes (LTT) make it incredibly expensive to move in Canada, many homeowners are instead choosing to convert their current property into their dream home. While it used to be more common to do some smaller-scale renovations — the kitchen, the bathroom, maybe some flooring — it’s now typical to gut a place to the studs and builds it back up from scratch to get exactly the kind of fixtures, flooring, and layout that you want.
Being a homeowner can be both wonderful and expensive.
You no longer have to waste money on renting someone else’s property. You have the ultimate authority on how it should be personalized to fit your tastes and lifestyle. And, you also bear full responsibility for paying those dreaded monthly utility bills.