Top 5 Renos for Return on Investment

'That house sure needs updating','I'll need to put a lot of money into that home if I buy it' - both are common comments my buyer clients share with me as we preview possible homes for their family.  A small investment can make a big return so, when I take the time to have a conversation with homeowners prepping to sell their home, I view their home as if I am looking at it as a buyer. I came across a timely article posted by Scott McGillivray (HGTV) on how you can help to increase the value of your home either prior to selling or just to build long-term equity (http://www.hgtv.ca/incomeproperty/article/top-5-renos-for-return-on-investment/).  Rather than re-invent the wheel, so to speak, I thought I'd comment on what he wrote - yes, buyers are looking for homes that they can move right into.  If they see a home that needs some serious updating, you can bet they will look at putting in a very low offer on your home.  Small tweaks like updated knobs or switchplates (check out Re-Store and help out Habitat for Humanity at the same time) or cleaning the cupboard doors and switchplates, show that you have pride of ownership.  Updating the paint colour in your bathroom and making it look less like 'Grandma's house', as Scott puts it, is a change well worth doing.

Did you know that it takes 9 seconds for buyers to even decide whether they want to enter your home or not?  So, while you are prepping the inside of your house, don't forget the outside.  A few planters with some rich colour, freshening up the paint on the front and garage doors and pulling the weeds in your gardens will present your home in the best light.

So, while I have some great ideas on my blog, I have even more ideas I can share with anyone thinking of putting their home on the market.  I'd love to sit, over a cup of coffee, to have that conversation with you about how to increase the value of your home - please call me today!

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