When it’s time to sell, it’s a good idea to take a good hard look at your home and see what work needs to be done before you list the house. With the right renos, you won’t only increase the likelihood that your home will be purchased quickly, but you’ll also be likely recoup all the costs spent. So which renos are best?
The Kitchen is the number one room you should be looking at when deciding where to spend your renovation piggy-bank. This is because the kitchen is the first room many families inspect, and the kitchen can make or break couple’s decision to buy a house. Fortunately, you don’t need to completely redesign the entire area to reap the rewards. A little paint, refinishing the cabinetry, under cabinet lighting, and updated, modern faucets and fixtures will go a long way without draining your coffers.
Light and Airy.
Nobody wants to live in a cave, so houses that are dark, gloomy, and restricting just don’t sell. Make sure your home has enough light fixtures and replace all the bulbs for some extra brightness. Open floor plans are the preference with most Canadians now a days, so if you can remove a wall or two to open up your home, that renovation would likely see good returns. Most Canadians prefer homes where light, air, and foot traffic can move freely from room to room. Open floor plans have even more benefits for parents since they’ll be able to keep an eye on the kids from anywhere.
Bathrooms, like the kitchen, are very important rooms. The fact is people can feel pretty vulnerable when they’re in the bathroom. If your bathroom is dark, smelly, or creepy, no one is going to feel comfortable imagining themselves using it every day. Make sure your bathroom has excellent lighting and that it smells clean and fresh. The shower, sink, vanity, floor, mirror, toilet, and everything should be pristinely clean. Homebuyers love granite and jack and jill sinks. So if you have the time and money, sink it into the vanity. And, if your home currently only has one bathroom, it may be well be worth the cost to convert a space beneath the stairs or an unused closet into a two piece powder room with just a toilet and sink.
There are a lot of items on a perspective buyers wishlist: tile in the washroom, hardwood in the living room, house-wide AC, high efficiency windows, granite countertops, and more. However, not all investments are ideal for selling. A kitchen or bathroom upgrade will likely see 75-100% of the costs recouped in the selling price. New hardwood floors or central AC is closer to 50-75%. If the point of the renovations is to sell your home faster and for a high price tag, be sure to choose your projects carefully. Have any questions about selling a home in Calgary? I’m here to help! Call me today.