A recession might seem like an odd time to invest in your home, but thanks to incentives like the Home Renovation Tax Credit, there has never been a better time to embark on home reno projects like adding a new washroom.
Time is running out however, so homeowners looking to take advantage need to act fast, as the credit period ends on Feb. 1, 2010.
Even with the credit, and the steep discounts being offered by the major hardware retailers, many homeowners are still unable to spend large sums on renovation projects, so keeping bathroom additions low-cost is key.
If you’re looking to add a bathroom to your home, but are working with a limited budget, start by doing your homework when it comes to selecting materials and contractors.
One proven way to save time and money when plumbing problems arise is to use an above-floor macerating toilet system.
Macerating toilets provide homeowners with an economical solution when conventional plumbing fixtures are impossible or cost-prohibitive to install.
“Renovating or adding a second or third bathroom has always been a great way to increase the value of your home,” says Michael Polzler, executive vice-president, regional director, RE/MAX Ontario-Atlantic Canada.
“In fact, bathrooms ranked amongst the most value-added upgrades by consumers in a recent survey conducted by our company.”
Often though, homeowners are forced to compromise on either budget or bathroom positioning due to the high cost of the work required to run drain lines.
Macerating toilets eliminate the need for excavation to create below-floor drainage. Because walls and floors remain intact, these above-floor systems do not require expensive renovations, and installation is quick and easy.
Most macerating systems also feature additional drainage inlets, allowing for the connection of a sink and bath/shower in addition to the toilet. The result is a full bathroom installed quickly and cost effectively anywhere you need it.
More information is available at www.saniflo.ca or 1-800-363-5874.
About the HRTC
• The Home Renovation Tax Credit of up to $1,350 applies to alterations “of an enduring nature and integral to the dwelling,” meaning anything that is nailed down or wouldn’t get transported away.
• The HRTC eligible expenditures are more than $1,000.
• For more, log on to cra-arc.gc.ca/gncy/bdgt/2009/fqhmrnvtn-eng.html.
- Labrador retriever fetches top U.S. dog breed honor for record 28th year7 Pictures
- Oscars 2019: Red carpet looks and full list of winners36 Pictures