Best Home Improvements to Make to Increase the Value of Your Home

By: Brandon Weiss & Mark Adelson

Best Home Improvements to Make to Increase the Value of Your Home

Tags: Toronto, House Price, Home Improvement, 2021, Investment, Property, Real Estate

Upgrading your home is just part of being a homeowner - there are some projects that will not only increase the amount of enjoyment you get from your home, but they may increase your home’s value as well. 
 
When you sell your home, you want it to appeal to the widest variety of people possible. It should be easy for potential buyers to imagine living there with their families. If you are wondering if the renovation you are considering will increase the value of your home, here are some of the best renovations you can make that will serve that purpose.
 
Bathrooms
 
Many real estate agents will tell you that remodelling your bathroom will give you a great return on your investment when it comes to the value of your home. No matter how else someone else uses their home, everyone will have use for a bathroom. Remodelling and bringing your bathroom to a more current and modern look will always give you a great return and value on your home.
 
Windows
 
Not only do new windows give your home a fresh look, but this kind of renovation project is also very practical. New windows can help save you (and the new owner, eventually) a lot of money on heating and cooling costs every year. Drafty windows can be a big turn-off to potential buyers as they just see it as an added expense for running the house. New windows can be pricey but the investment can pay off quite well.
 
Roof Replacement
 
No one wants to replace the roof within the first few years that they live in a home. If you know you’re going to sell sometime in the near future, then consider replacing the roof as it will be one less thing the new buyer needs to worry about when they have just moved in.
 
Finish the Basement
 
A finished basement can easily double the living space a family has in a home. So, if you have the option to finish the basement into another living room or just additional functional space then it makes your home much more appealing to families who might need just a little extra space.
 
Kitchens
 
Every family spends a lot of time in the kitchen, it’s the heart of the home. If you remodel your kitchen and make it more current – even just upgrading the lighting and appliances – you will find it’s much more attractive to potential buyers. You may also choose to upgrade some of the functionality or flow of the kitchen to make it more accessible, as that is often a big consideration for families.
 
Painting
 
If your renovation budget isn’t huge, no worries! Even something a simple as a fresh coat of paint can make a big difference when it comes time to sell. Fresh paint in light, neutral colours can make a home look completely different and much more appealing to potential buyers.
 
Contact us today
 
If you are considering selling your home in the near future, we can help. We can recommend contractors and home stagers who can help you get the most value out of your home. And when the time comes to sell, we can market your home to the widest possible audience.
 
If you are thinking of selling, contact us today.