Making the Right Choices for Your Real Estate Market
For those planning to sell a home in the near future, remodeling projects not only add to the home’s value, but they give prospective buyers more incentives to buy in the first place, particularly in a competitive market such as this one.
No sugar coating here. Which projects will yield the most bang for your buck? Take a look at this list, starting with the upgrades most likely to recoup your investment, and then enjoy the value-added results.
Why it pays off: You can’t go wrong with remodeling your kitchen, the most used room in the home. Improve your experience of cooking and entertaining friends and family alike and project the image to potential buyers of a great family- and community-building space. People know that renovating can be complicated and potential buyers will appreciate that you did the dirty work for them, allowing them to make the most of their home from the day they move in. Stick with high-quality fixtures, like stainless-steel appliances and granite counters, new cabinetry with the latest space saving features plus work space improvements. Don't pair them them with cheaper material and your renovations will stand the test of time.
Why it pays off: Bathroom upgrades, like updated counter tops and new fixtures, provide solid returns. Choose classic features, that will appeal to people with both traditional and contemporary tastes. There’s no denying hotel-like spa bathroom fixtures. A tub is not just a tub. A luxurious custom built shower enclosure with wall to wall tempered glass doors will never break a sale. Designer sinks, toilets, and acrylic tubs are must have features that look great for aesthetic, functional and added-value appeal.
Why it pays off: There’s nothing more valuable than adding additional finished square footage to your home. HomeFix™ will work with you to create a fantastic space out of the most undeveloped personal space in your home. Getting your renovation underway before a sale is far more important than worrying about the right lighting or furnishings. Let our team of professionals finish your basement by adding drywall, insulation, laminate flooring, or even a bathroom, bedroom or home office. We'll ensure it’s proportional in quality to other areas of your home. According to the Canadian Association of Home Builders “basement remodels gain extensive value, depending on the quality of the materials and finishes.”