Top Five Renovation Tips To Add Value To Your Home
As a homeowner, one of the most important aspects of your investment is adding value to your home. Whether you’re planning on selling soon or just looking to make improvements, there are several renovations that can be done that will add value to your home and make it more attractive for future buyers. Investing in certain renovations will help ensure that you get maximum return on investment while still staying within budget.
Tracy Phelan wants to help anyone looking to increase their home’s worthiness! This is why I have written down five renovation tips that will help you add value to your home.
Tip #1: Bathroom and kitchen renovations
Bathroom and kitchen renovations are the most popular home improvement projects. You can expect to recover 75% of your investment (according to the Appraisal Institute of Canada). Replacing an outdated vanity, old plumbing, and lighting fixtures or adding a new tile floor will guarantee a lot of bang for your buck and give your bath an updated, modern look.
Tip #2: Replacing old windows
New windows can freshen up the appearance of your home, and replacing existing windows with energy-efficient ones can save the homeowner a significant amount of money in heating and cooling costs. Drafty windows can turn off potential buyers.
Tip #3: Embrace smart home technology
I am talking about smart devices like security cameras, smart locks, smart thermostats, and water leak detectors. This is an easy upgrade, and market research indicates that homebuyers are looking for smart devices in a home for convenience, energy management, and enhanced security.
Tip #4: Finishing your basement
Finishing a basement is not an easy task, but potential buyers consider the usable square footage of a home when shopping. A finished basement is an investment that can add a lot of value to your home, but you will want to make sure that you’ve insulated it properly and protected it against moisture.
Tip #5: Functional kitchen
A kitchen remodels, if done right, is sure to add to the value of your house. You will enjoy an even higher return if you are remodeling an older, outdated kitchen. This will include upgrading your cabinets, stove, and refrigerator, your flooring, and even your sinks and faucets.
Keep in mind that with an aging population, because Canada’s population is getting older, a kitchen’s functionality and accessibility are becoming more and more important. For example, lowered light switches, countertops, and cabinets can make it easier for someone older or with a disability to navigate around the kitchen if they are in a wheelchair. Cabinets installed with a hydraulic system can allow a homeowner to easily move them up and down, ensuring they’re accessible no matter your mobility level.
If you are looking for a real estate agent/realtor in St. Catharines, Niagara Region, reach out to me at Tracy Phelan, Broker RE/MAX Garden City Realty Inc. As a professional realtor in St Catherines, Niagara Region, I put my thirty years of experience to good use by providing a client-first approach. Therefore, I listen carefully, offer expert advice and work hard to deliver results using up-to-date marketing techniques.
I serve clients across St. Catharines, Niagara Falls, Thorold, Niagara-on-the-Lake, Welland, Lincoln, Lincoln, Grimsby, Beamsville, Vineland, Fort Erie, Jordan, Port Colborne, and the surrounding areas.
Get in touch with me today!