June 12, 2010
If you’re planning a home renovation it would be best if you did not live in Calgary.
According to the Renovation and Home Purchase Survey released Wednesday by Canada Mortgage and Housing Corp., Calgary is the most expensive city in all of Canada to renovate.
The top three most expensive cities for home renovations is as follows:
1. Calgary – Average cost of expected renovation: $13,256
2. Vancouver – Average cost of expected renovation: $12,750
3. Toronto – Average cost of expected renovation: $11,881
The report says the national average expected cost of a home renovation this year is $11,431.