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The basement repair industry in Toronto Ontario is currently booming, with 343 different companies listed in the Yellow Pages under “basement repair”.
This reflects the current demand for repairing basements damaged by flooding – the industry is currently enjoying a successful period.
To those paying attention to the real estate market in the city, though, this isn’t surprising.
A recent report from the Toronto Real Estate Board has shown houses in Toronto have increased in value by an unprecedented 33.2% when compared with the same time last year.
This blows away the expectation from Moody’s analytics, which predicted a growth rate of 6.7%.
In the face of this growth, many homeowners are looking to get the strongest return on their home investment. And a clean, dry basement is a great way to do that.
Not only can it protect a home from potentially costlier repairs down the road, it can sometimes create another living space. Savvy home owners can use this space as an in-law suite, a play room for the kids, or even a separate income source as a rental property or an Airbnb listing.
Meanwhile, the average cost of waterproofing and finishing a basement can vary depending on what the homeowner is looking for and how much repair work needs to be done. Most basement repair contractors are happy to provide free or low-cost quotes to help homeowners decide whether or not going forward with a basement repair makes sense.
Brad Edwards, chief marketing strategist for Cloud Surfing Media, had this to say on the subject:
“Having lived and worked in Toronto for the last several years, I’ve seen the real estate market skyrocket. As more homeowners in Toronto become interested in improving their homes, the home improvement industry will benefit. This goes for basement repair companies, roofing companies, plumbers, electricians, and other industries. Smart tradespeople will jump on this opportunity now to position their business as the top dog in the city before their competitors do.”
To find out more about the cost of damp basement solutions repair contractor in Toronto, click here – http://www.moreclients60days.com/wetbasementrepair
Release ID: 189775