As a 13-year homeowner, La’Shaundra Benion has long been waiting for a new roof for her ranch-style home in Pontiac.
And after she recently received $25,000 in home repairs, it included that new roof and even windows through the Pontiac
Tag: renovations
How to Pay for Home Renovations Without Breaking the Bank
Photo: istockphoto.com
The home renovation process often starts with something simple, such as a homeowner’s desire to replace the ugly tile in the bathroom that they’ve put up with long enough, or the need to repurpose an unused dining room
Cost of repairs and renovations adds thousands of dollars to homeownership
Monthly mortgage payments aren’t the only recurring cost tied to owning a home. Money spent on maintenance, renovations and repairs, particularly for older houses, can easily cost homeowners thousands of dollars.
The median amount Americans spent on home renovations in
These Mortgages And Loans Pay For Home Renovations
Key takeaways
- There are multiple loan options for people who want to borrow money to improve or renovate their home.
- Loans that use your home as collateral, including home equity loans and HELOCs, can have tax advantages.
- Loans that don’t
Are home renovations tax deductible in Canada?
Can I claim home renovations on my taxes in Canada?
There is currently a Canada Greener Homes Initiative that provides both grants and loans for home evaluations and retrofits, Joan.
See the below chart for eligible retrofits.
| Home improvement | Amount |
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New Law Gives You $8,000 for Free To Make These 5 Home Renovations
artursfoto / iStock.com
Are you considering some home renovations for summer? If you approach your next remodeling project with an eye on sustainability, you may be able to reduce your home’s heating and cooling costs while
Here’s why the cost of home renovations are rising
Homeowners planning major renovations this year could face sticker shock.
The price of construction and building materials rose 3% in February from a year ago, labor data shows. But some items have skyrocketed. The cost of construction bricks has jumped