Every seller wants the best price for their property. Usually to get that, they consider upgrading the property with as little investment as possible. If you’re preparing your home for sale, there are certain improvements that are definitely worth their cost in helping to attract more buyers, sell your home faster, make back most (or all!) of your investment, or even increase the value of your home.
A state-of-the-art kitchen seems to take the top spot for renovations. It is one of the most popular renovations for earning back most, if not all, of its investment. Even if you don’t fully renovate, certain upgrades –granite counters, hardwood or high-end tile floors, premium appliances (especially stainless steel), islands and undermount sinks — attract attention and can increase value of the property.
2 Hardwood floors
Hardwood is the mark of elegance to some and more of a standard by what some people go with nowadays. Especially on the main floor, hardwood is perennially popular with buyers. If your floors are refinished but worn, have them lightly sanded and resealed. If they’re very beaten up consider replacing them.
3 Premium broadloom
Broadloom is popular too (especially for bedrooms), but only if in top condition. If it’s worn, soiled or out of fashion, replace it with something more contemporary. Neutral, lightly textured weaves such as wool “sisal” are fashionable right now.
4 Master ensuite
This totally depends on the type of property you own or the type of buyer you are trying to attract. If your ensuite is a bit tired, it’s worth upgrading, especially if you can afford a few luxuries such as a whirlpool or air jet tub, separate shower with a rainshower head, double sinks and/or heated floors. If you don’t have an ensuite, perhaps you can install one by stealing space from the master bedroom or a room next to it.
5 Radiator covers
It’s a simple carpentry job, but makes almost any older home seem more gracious.
This is one that may seem like a lot of work and expense but if done with the correct consultant, does work out to be worth the expense. Old-fashioned “can” track lighting can be easily replaced with more contemporary styles such as smaller cans or halogen track lights. Replace dingy overhead lighting with chandeliers (vintage or modern), or install them in rooms that don’t have any.
7 A finished basement
After kitchens and bathrooms, a stylishly finished basement is high on many buyers’ wish lists. If the ceiling is low and you can afford the investment, consider digging down to increase ceiling height. If you can’t, levelling the floor and installing broadloom will help make it more comfortable.
A well-maintained garden with attractive plantings, hardscaping such as brick or flagstone, and features such as urns or paths, add an elegant look to even a smaller home.
9 Front porch
Two or three decades ago, tearing off front porches became fashionable in some Canadian cities, but now they’re back in a big way. If you can, add a full front porch (or replace/repair the one you have if it isn’t in top condition); if not, a portico (a smaller porch that shelters the front door) can be a worthy substitute. Or add a deck in the back.
10 Adding a bedroom
A four-bedroom house will command a higher price than a three-bedroom, even if they’re both the same size. Consider dividing a large bedroom into two small ones (as long as they’re not too small, or it can have the opposite effect), or alternatively, consider converting an upstairs den or sitting room.