June 2010 Renovation Newsletter - Read this home renovation insight now.
In this issue of reVISION's Renovation Newsletter:
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Our newest renovated project, located on the West Side of Vancouver, is not just a kitchen it's a "GREAT" Room. A unified space that brings the outdoors in by extending the existing dining room to the outdoor patio. A bright, welcoming place to dine, talk and enjoy the outdoors from the comfort of the kitchen.
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GST was created 20 years ago and since then the federal government started collecting extra taxes on renovations. Now welcome HST, which is going to fuel the underground economy.2009's Home Renovator's Tax Credit (HRTC) encouraged homeowners to abandon cash operators in order to collect a receipt and get a rebate. With that gone, consumer education is an important factor in creating a permanent home renovation tax rebate. Canada Mortgage and Housing Corporation (CMHC) has created the "Get it in Writing" campaign, which has a consumer page dedicated to providing information about the hazards associated with dealing with cash operators. The CRA has jumped on board this campaign by creating copies of the brochures available to all local HBA's who order them.The Federal government's main response to the underground economy threat is the Contractor Payment Reporting System (CPRS). Although they provide millions of dollars each year to homeowners for basic house upgrading, there is always a risk that some funds can find their way back underground.[divider_top]
Heritage Haven, which was a Georgie Finalist in 2009 for Best Residential Renovation ($100,000 - $249,000), met great success at the Parade of Renovated Homes this May. The 6 hour event broke new ground, bringing in almost 200 attendees and showcasing a renovation that is both beautiful and accessible to the everyday home owner.Check out the makeover here: Heritage Haven[divider_top]
Your outdoor living space is part of today's lifestyle. Turning your outdoor area into an extension of your house to create an attractive and relaxing space for you to enjoy during the warmer months of the year.
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Lucky 13th AvenueLucky 13th Avenue is reVISION's latest project underway. A full 1100 square foot condo renovation.
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