If you’re planning to do some home renovations that pay off on the resale market, listen up!
When it comes to selling your home, completing the right renovations can yield higher offers and a quicker sale, but what exact home renovations can you do that will pay off on resale?
1. KITCHEN
Kitchen renovations give the best ROI, including new or updated cabinets, countertops, and appliances.
2. BATHROOM
Bathroom renovations as a great high-return renovation. By the same logic as the kitchen renovation, homebuyers who want move-in ready homes.
3. PAINT
Aside from giving the home an instant refresh, home stagers also recommend light and neutral paint colors to make a home appear bigger, brighter, and cleaner.
4. FLOORING
Homebuyers largely prefer hardwood or tile over wall-to-wall carpets, which tend to trap stains and odors, and can really show a home’s age.
5. FINISHED BASEMENT
Finished basements are a great selling feature on the resale market. In fact, any renovations that add livable square footage to a home are always in demand.
6. LANDSCAPING
Outdoor projects can provide good ROI. As a result of the pandemic, people have been spending more time at home and thus, large years, pools and hot tubs, decks and patios, and landscaping are all appealing on the resale market.
7. ROOF/WINDOWS
Roofing was a good option to invest some renovation dollars before listing a home for sale. Buyers will appreciate the tens of thousands of dollars that new windows will cost, so having these replaced before the listing can benefit both buyer and seller.
8. OPEN-CONCEPT FLOOR PLAN
This isn’t a small or inexpensive project by any means, but removing wasteful walls and halls can instantly. modernize an older home and make it live larger than its actual square footage would otherwise allow.
If you're thinking of buy and/or selling, feel free to send me a message or quick call so I can plan a strategy just for you!
Call or text 647-504-0690
Email: steven@mistersauga.ca