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10 Tips To Add Big Value to Your Home

10 Tips To Add Big Value to Your Home

Selling is not simple as just putting sign board and hoping for the best. Homeowners need to take some steps to make sure they get the finest offer. Knowing the best way to add value to your home becomes crucial whether you are planning to sell it or want to stay for a longer time. We can all agree that renovation does not necessarily mean only mean superficial changes, you ought to understand what are the things that actually need your attention.

01Get home inspection

Any buyer will demand to see your property thoroughly before handing over their hard-earned money. If there is a leak in the house, if a tile needs to be repaired or if the paint is crumbling, do you really think you can sell the house? So we recommend getting a licensed home inspector to examine the physical structure of your property, determine its condition, and let you know what needs to be fixed. He will search every corner of the house for any undiscovered flaws. Here is a list of the things they usually examine:

  • listHeating, air conditioning, and ventilation system
  • listArchitecture
  • listRoof, and electrical system
  • listDrainage and pipes
  • listPest infestation

02Paint with warm fresh colours

Paint with warm fresh colours

If your house is structurally sound and looks well, you can easily add value by just putting in a fresh coat of paint. Either you can take the help of a professional or you can go all by yourself. Experts recommend avoiding extreme colours since they create distractions for buyers. Light colours will improve the overall lighting in the room and make it look spacious.

03Remodel the bathroom

Remodel the Bathroom

Experts from the Appraisal Institute of Canada say that a remodelled bathroom can add up to 20% of the home value and recover 75% of the investment you made in them. For full bathroom remodelling, you need to change the shower, tubs, flooring, and toilet. In addition, you can use energy-efficient updates that will help to push the resale value. Adding good-looking and matching taps in the bathroom can bring a sense of cohesion to the home.

04Update the flooring

Update the flooring

Step in the shoes of a buyer and think would you buy a house with dirty and smelly carpet? The answer is “NO”. So, get your carpet deep cleaned and washed. Have the floorboards re-sanded if they are beginning to show a bit too much wear and tear. You can opt for a variety of options, such as lime washing, staining, painting, or just re-sealing to fix your flooring.

05Replace outdated kitchen

Replace outdated Kitchen

You want to know what is money well spent, it’s renovating your kitchen. A kitchen is a place that is often neglected. Your home will stand out to potential buyers if your kitchen has been remodelled and it will help you sell it more quickly for a higher price. The usability and accessibility of a kitchen are imperative. Having hydraulically-installed cabinets makes it simple for a homeowner to pull and push them. Clean the chimneys, and pipelines, replace the taps and fans, use good quality lights, etc. these are some of the best ways to make the kitchen suitable.

06Entrance revamping

The first impressions always matter, especially if you’re getting ready to list your house under the sign (apartment for sale, house for sale, condos for sale) on MLS Listing. Before someone ever steps inside your home, you would want to convey a clear message that it is modern and well-maintained. This can be done by painting the front door in a bold colour, like red or blue. In addition, changing the entryway decor, and replacing the entry mat will add to the appealing value and eventually help to sell for a better price. So, it’s time to clean the path, get rid of cobwebs, trim the plants in the area near the entry, fix any loose pavers or fence palings and make sure the letterbox is in good condition.

07Work on the outdoor structure

Fire pits, decks, gardens, pools, etc. can bring lots of joy and entertainment if they are well-maintained. Some of the things that will enhance your house’s security and appearance are:

listFences

To keep your house safe for kids, maintaining privacy fences is a must. They increase the curb appeal as well.

listDeck

Adding a deck can be costly but it gives buyers an idea that they have a large usable space.

listFire pit

Canada has some wonderful seasons. During the spring and winter having a fire pit in the house gives extra pleasure to the family.

08Use solar panels, replace the gutter and roof

Use Solar Panels, replace the gutter and roof

The solar panel is part of the greener economy, it may be expensive but in the longer run, it is a worthwhile investment. Buyers may hesitate to install them but if they see that the house on the sale list already has pre-installed solar panels, they can easily be attracted to the house. Roof and gutter replacements both are good investments for the long term. Leakage through the gutter and wall can create cracks and will damage the house structure to a great extent.

09Embrace smart technology

Smart appliances like water leak detectors, smart locks, smart thermostats, and security cameras are a great way of enhancing your home security. This is a simple improvement, market data shows that purchasers are interested in smart home technology for convenience, energy management, and increased security. Buyers can experience a level of comfort while living in a smart home that is unattainable in regular houses.

10Finishing your basement

Finishing Your Basement

During cold or rainy days, kids would frequently play in basements while parents did laundry, clean the garden or watch ice hockey. The basement is a significant place to store things. In essence, the basement is a part of the foundation and contributes to the stability and livability of the house. As a result, it is crucial to protect it from water seepage, which can cause serious structural issues.

The above tips will certainly help you with increased home valuation. Time-to-time maintenance will give your house add-up safety as well. After remodelling, you can list your property with MLS and sit back; relax, and let your Realtor help you out with the buying, and selling process.

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The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.