Best Home Improvements to Increase the Value of Your Home

What are the best home improvements to increase the value of your home? Our real estate experts have compiled their best tips into a blog post so you can receive the highest return on your investment.

Whether you’re looking to improve your current living space for your family or you want to increase the value of your property to prepare for a sale, it’s important to know that some projects are more effective at increasing the value of your home than others. While some factors that determine the value of your house are completely out of your control, doing smart improvements and keeping up with repairs will surely benefit your home’s worth. Be sure to keep an eye on the market value of your home and the other houses on your block so you don’t overspend and struggle to recoup the costs of your upgrades.

Here is a list of home improvements that are likely to maximize your return on investment:

 

Minor Bathroom Remodelling

Bathroom and kitchen renovations are known to be at the top of the list for the most valuable places to put your renovation money and time. The bathroom in particular is considered the second most crucial room in the home for valuation. Simple improvements such as cleaning the grout, refreshing the caulking around your tub and shower and removing any rust stains are very important. Replacing an old outdated vanity can go a long way, especially if paired with a shiny new sink faucet. When it comes to the toilet, a new low-flush toilet can save water and really make your bathroom look fresh.

 

Kitchen Renovations

The kitchen is the heart of the home and can revilitalize the entire house when given a fresh makeover. Old cabinets and fixtures can make a kitchen look outdated. By simply refacing cabinets and adding new hardware, your kitchen can feel new and improved. Light fixtures and faucets are also simple and easy things to replace to give your kitchen a fresh look. If your appliances don’t match each other or they aren’t energy-efficient, it’s wise to replace them with newer, energy-efficient models with stainless steel finishing. Soon to be home owners are often looking for ways to save money therefore energy-efficient appliances stand out.

 

Curb Appeal

The front of your home is your first chance to make a good impression. Improvements as simple as a well-manicured lawn and shaped hedges are a great way to showcase your house. Taking it to the next level you should consider repairing or re-sealing your driveway if it needs it, replacing your mailbox and upgrading your house numbers. Your front door is a transition into your home and is known to have a big impact when it looks great. Replacing your door for a new steel door and good quality door handles makes a really good first impression.

 

Care and Maintenance

Before you consider fancy home improvements and investing a lot of money, remember that regular maintenance and repairs not only cost less, they will be very important to a potential sale. Repairing broken rain gutters, replacing leaky windows and repairing plumbing leaks are simple yet crucial investments into your property. Buyers are looking for a solid and safe home that will keep their family healthy so be sure to consider those small repairs you’ve been putting off. If a buyer finds two houses they love in the same neighborhood, the house they choose will be the impeccably kept property.

 

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If you are seeking advice on selling a home in the Ottawa area, or have more questions for us about moving to Ottawa, we are happy to provide you with helpful guidance and support. Email us at info@buyandsellottawa.ca or call us at 613-590-3036.