Capital Improvements That Add Value To Your Home
If you’re contemplating on selling your home soon, it’s imperative to ensure that it presents itself in the best possible light to maximize your investment. Your goal is to make it effortless for potential buyers to envision themselves residing in your home. One way to maximize your return on investment is to upgrade and renovate your home.
Whether you’re looking to enhance your home’s exteriors, upgrade your kitchen, elevate your bathroom, or finish your basement, rest assured that these renovation projects will augment your home’s overall value, command higher offers, and expedite the sale process.
Let’s talk about key upgrades to focus on to attract top dollar for your home!
Exteriors
Your home’s curb appeal can either make or break your potential buyer’s initial impression. Enhancing the exterior can bolster its curb appeal and secure the highest return on your investment. Here are some ways to improve your home’s outdoor space:
Painting
Painting the front of the house and or front door can make a big impact and set your house apart from others. Choosing the right colours for the style of your house and for the existing landscape gives its curb appeal a boost.
Decks & Patios & Fences
Revitalize the appearance of your backyard by rejuvenating your deck or patio with a fresh coat of paint and replacing any worn-out boards. If your backyard doesn’t have a deck or patio, constructing one can make potential buyers feel like they have more space to entertain. Installing or replacing outdated fencing around your property can provide your home with a sense of safety and security. A fence can also provide potential buyers with a secure space for their children and pets.
Landscaping
Transform your yard into an inviting oasis by incorporating more greenery and plants. Investing in landscaping can make your home more appealing to potential buyers and elevate its overall curb appeal.
Kitchen
The kitchen is often the hub of the home where meals are shared. Buyers are on the lookout for kitchens that can make them feel right at home, which is why upgrading your kitchen should also be a top priority when selling your home.
Counters & Cabinetry
High-quality countertops and cabinetry set the tone for your kitchen. Elevate your kitchen’s appearance by upgrading your countertops with stone. If your cabinetry is dated, consider investing in modern cabinets or painting out a classic door shape to a contemporary colour. Adding a modern pull or knob will be a game changer!
Upgrading Appliances
Buyers are willing to pay a premium for a home with a kitchen furnished with newer appliances. Consider upgrading your appliances to make your kitchen more appealing to potential buyers.
Once your kitchen is ready to showcase, check out our previous blog on how to prepare your kitchen when selling your home for some valuable staging tips!
Bathroom
A bathroom provides homeowners with a space to start their day off on the right foot or unwind after a long day at work. Spa-like upgraded bathrooms are a frequently requested item on potential buyers’ wish lists.
Make your bathroom more attractive to potential buyers by installing a new bathtub, toilet, and sink. If space permits, add a double vanity to your ensuite bathroom.
Basement
A finished basement is a highly coveted asset for any home. Basements are versatile spaces that can easily be transformed into a bedroom, gym, theatre room, or playroom. By finishing your basement, your home is sure to entice potential buyers.
If your basement is unfinished, consider getting it finished with insulation, drywall, flooring, lighting, or even adding another bathroom. Renovation costs for finished basements are typically reflected in your home’s overall selling price, making them a worthwhile investment.
Investing in upgrades and renovations for your home can make a significant difference when it comes to selling your property. By focusing on the exteriors, kitchen, bathroom, and basement, you can enhance your home’s value, attract more potential buyers, and ultimately sell your home faster and for a higher price.
Once you’ve completed your renovations, it’s important to stage your home to showcase its full potential. Staging allows you to highlight the best features of your home and helps potential buyers envision themselves living in the space. Check out our gallery for staging inspiration or if you need a hand, contact us today!
Contact StageLuxe Today!
With StageLuxe’s home staging services we provide a holistic home staging service drawing inspiration from your neighbourhood and your home’s unique features. We want to ensure your home looks its best and brings you results! Contact us today and let’s get started on your project!