Renovating for ROI

Thinking about selling your house? Here are a few suggestions on where to spend a bit of time and money sprucing things up for maximum return on investment.

Painting – Fresh paint in a light, neutral palette is an easy way to brighten up your space. 

Lighten up – Allow natural light in by washing windows and opening blinds and curtains.  Use the brightest light bulbs recommended for lamps and fixtures.

 

 

 

 

Flooring – Homebuyers are showing a preference for wood flooring. With many options available such as hardwood, engineered or laminate, flooring can be a cost-effective upgrade.
 

Hardware and Fixtures – Replacing things like cabinet and drawer pulls, door handles, light fixtures and faucets will provide an instant lift in your home.

Kitchen – It is possible to update your kitchen without spending a fortune. Consider re-facing cabinets and replacing appliances. There are many options available for counter tops that won’t break the bank.

Bathrooms – Buyers prefer bathrooms with clean lines and light colours. Consider replacing the vanity, the shower enclosure or the toilet. Re-glaze a tub in need of minor repair. And don’t forget fresh caulking to help the bathroom look shiny and clean.

Front Door – As buyers walk up to your door you want them to have a good first impression. Think about a fresh coat of paint on the door and replacing door knobs and kick plates with new nickel ones. Tidy up the landscaping and add urns or potted flowers to increase curb appeal.
 

When in doubt, a realtor can help advise you on what improvements could generate the most return in your home.