Whether you are thinking of selling or not...most home owners want to know what to do to increase the value of their home. What will add the most return value to your home? Here are some home improvements which we would recommend:
- Kitchens. Kitchens are often the heart of the family. A place where everyone comes together. When buyers are going out to look at a home the kitchen is often the first thing they want to see. Keep it as open as possible and make the most of the space you have. Start with updating the cabinets. If it isn’t in your budget to replace them then look into have them refaced instead and add new hardware. Painting the walls and installing some new lighting can go a long way. If you have the extra money investing in a new counter top would be a good idea...granite and quartz is very popular with home buyers. Adding some stainless steel appliances really updates the look of a kitchen.
- Bathrooms. A nice bathroom is pretty high on a home buyer’s list. If you have two bathrooms, even better! You don’t have to spend a lot of money to update a bathroom. New paint, mirror and lighting can really change the look of a bathroom. And installing a new flooring...you can often get a good deal on some nice tiles.
- Mechanical Improvements. Before spending a ton of money on cosmetic improvements be sure the mechanical aspects of your home are updated and functional. Buyers expect things like the furnace, electrical and plumbing to be working well when they buy a home. They will not want to have to spend the money to update these things when they move in.
- Landscaping. Depending on the season, landscaping around your home can attract or turn away many buyers. Make sure the grass is cut and the gardens are weeded. Add some potted flowers to add some colour. The outside of your home is the first thing the buyer sees when they drive up...you want to impress them with the curb appeal. Again you don’t have to spend a lot of money....but these little things will go a long way.
- Basements. Buyers like to walk into a home and discover a finished basement. One more thing they don’t have to do plus it added extra usable square footage to the home. If you do decide to finish your basement...make sure to get the work permitted. You don’t want to risk running into problems when you do sell because the work was not permitted.
- Cleaning. You can’t overuse the word sparkle. Buyers love walking into a clean home. Dust, clean the windows, shampoo the carpets. If you don’t have time to do it yourself, have a cleaning company come in prior to listing the home. It will make a world of difference.
- If it’s broken...fix it. If the door sticks, the closet door is hanging off or a dripping faucet...buyers will notice these things. They may seem like small issues but if they use these things to negotiate, it will be cheaper for you to do them prior then to address them at this point.
Buyers can be picky. In today’s market they expect homes to be turn key or a substantial discount in price. These are great improvements to make to help buyers see the value in your home.