Terry Levine | Noggin Advertising | Copywriter | Digital + Direct Writer | Blogging | Toronto | Canada

DAILYXY.COM > 5 EASY WAYS TO ADD VALUE TO YOUR HOME

How you invest your money over the long run can ensure you build up enough equity to retire comfortably. Trouble is, it’s not always easy to figure out how to maximize the value of your investments.

Take your home, for instance. It’s true it will probably be the most important investment you ever make. But while it’s a long-term investment, it’s also your home, the place you live in and raise a family. The catch is, some of the improvements that make it more comfortable don’t necessarily add that much value when it comes time to resell.

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CREWMAGAZINE.COM > SEEKING BASEMENT WITH BENEFITS

So you and your partner have just bought a fix-me-upper in an up-and-coming part of the city. You figure you can dig out and finish the basement, add a bathroom and small kitchen, presto, you’ll have a space to rent out for $800 or $1,000 a month. Your investment will bring you an influx of cash that can help you pay down your mortgage, buy other investment properties, travel more.

No brainer, right?

Well, maybe. As with many things that appear too good to be true, there are pros and cons and things to watch out for.

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