Five reasons to tackle a renovation downtown
Sustainability
The greenest building is the one that is already built. Reduce the need for entirely new materials and the energy required to transport them as well as increased infrastructure as suburban developments continue to sprawl further and further from the city center. Reduce the amount of time spent in a car burning fuel when traveling to work, school, and everyday activities.
Character
Older homes and neighborhoods tend to have more detail and higher quality materials than basic developments constructed in recent decades. A renovation allows us to bring the function up to modern standards and increase energy efficiency while maintaining the bones of charming houses. When introducing a new home to an older block, we can take inspiration from our neighbors while catering to your modern lifestyle.
Community
A house in a central location promotes walkability, enabling convenient access to local shops, parks, and entertainment, fostering a healthier lifestyle and stronger community connections. Established, vintage neighborhoods hold a diverse mix of ages, ethnicities, families, and economic backgrounds. Making trips outside of a car allows for chance encounters and organic interactions.
Return on Investment
Fixer uppers or undeveloped lots tend to sell for less than move-in ready homes with similar specifications. While renovations can be costly, making strategic upgrades can instantly increase your equity in the property while maintaining a lower monthly mortgage payment. Downtown locations appreciate faster than suburbs, helping establish wealth for you and your family.
Favorable Economics
Current high interest rates make your dollar go less far in today’s housing market and the selection is slim. If you already live in a neighborhood you love, let’s tweak the space or function to meet your current needs. If you are house hunting, broaden your search to include houses that need more space or a facelift. You’ll avoid the competition and often find a deal as long as you have some capital to invest in a renovation.
