Varun Kohli June 5, 2024 No Comments

Thinking about giving your home a facelift with some renovations? It’s a decision many homeowners contemplate, but navigating through the process and ensuring your investment pays off can be daunting. Luckily, Tembo is here with some expert tips to guide you through your home improvement journey.

Strategic Upgrades: When it comes to renovations, it’s essential to prioritize areas that offer the highest return on investment. While you can never guarantee how much of your investment you’ll recoup, focusing on key areas like kitchens and bathrooms typically yields the best results. In hot housing markets, the returns can even surpass your initial investment, making it a worthwhile endeavor.

Bathroom Brilliance: If you’re considering upgrading your bathroom but only have one, hold off on pouring money into it. Instead, consider investing in adding a second bathroom. Surprisingly, adding another bathroom can significantly enhance your home’s resale value, often outshining the benefits of adding another bedroom.

Maintenance Matters: Before diving headfirst into luxury upgrades, it’s crucial to address any maintenance issues lurking in your home. Imagine spending a fortune on a sleek new kitchen, only to have it overshadowed by water seeping into your basement. Always tackle maintenance problems first to safeguard your investment.

Exterior Enhancements: While it’s easy to get caught up in perfecting your home’s interior, don’t overlook the importance of curb appeal. No matter how opulent your interiors are, if the exterior lacks charm, potential buyers may never make it through the front door. Investing in exterior upgrades can make a significant difference in attracting buyers and boosting your home’s value.

Expand Wisely: Considering adding more square footage to your home? According to real estate experts, every 1,000 square feet added can elevate your home’s sale price by a remarkable 30 percent. Building an addition can create valuable space and appeal to potential buyers, making it a worthwhile investment to consider.

Once you’ve sold your home and need quick access to your equity for renovations, Tembo Financial offers a unique service in the Greater Toronto Area and Ontario. Get your funds in as little as 48 hours, with no credit check required.

Moving:

Moving can be both a thrilling and daunting experience, especially when factoring in the financial implications. However, with the right guidance and support, you can navigate through the process seamlessly. Tembo Financial is here to offer valuable moving tips and financial assistance to ensure your transition is smooth and hassle-free.

Choose Wisely: Selecting a reputable moving company is paramount to a successful move. It’s essential to do your due diligence and research potential moving companies thoroughly. Check their standing with the Better Business Bureau and consult the Ontario Ministry of Consumer Services’ Consumer Beware List to ensure they have a solid reputation.

Budgeting for Moving Expenses: Moving expenses can quickly add up, especially after taking on new financial responsibilities. Tembo Financial understands the financial strain associated with moving and offers assistance to alleviate the burden. By providing quick access to funds for moving expenses, they help ease the financial stress of relocating.

Understanding Average Moving Costs: Tembo Financial conducted research to analyze the average moving costs within the Greater Toronto Area (GTA) among reputable moving companies. Typically, a one-bedroom apartment move in the GTA ranges from $500 to $700 for a four to six-hour move with two movers and one truck. For a three-bedroom house, the cost typically falls between $1,000 and $1,400 for an eight to ten-hour move with three movers.

Consider Timing: It’s essential to consider the timing of your move, as rates tend to fluctuate based on demand. Rates are often higher at the beginning and end of the month, as well as on Sundays and holidays. Planning your move during off-peak times can help you save on costs.

Additional Services: Some moving companies offer additional services, such as packing assistance, to streamline the moving process. Prices for packing services vary based on the size of your home, ranging from approximately $500 for a one-bedroom apartment to around $1,400 for a full house.

Financial Assistance from Tembo: Tembo Financial recognizes the financial strain associated with moving and offers a unique service to provide funds for moving expenses in as little as 48 hours, with no credit check or appraisal required. Whether you need assistance with hiring movers, covering packing costs, or addressing unexpected expenses, Tembo Financial has you covered.

With Tembo Financial’s support and guidance, you can embark on your move with confidence, knowing that your financial needs are taken care of. Whether you’re relocating to a new home or moving within the GTA or southern Ontario, Tembo Financial is your trusted partner every step of the way.

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