Quick Upgrades That Can Increase the Value of Your Home

By: Andrew Presta

Quick Upgrades That Can Increase the Value of Your Home

Tags: best real estate agents in Toronto, real estate in vaughan, real estate agents in vaughan

Buying a home is not only a huge achievement but is also an excellent investment for the future. 

 

Regular mortgage payments can help build up the equity in your home, but there are also upgrades you can add to increase its value quickly. If you plan to sell your home, this is a great way to get a significant return on your investment.

 

This article will list down some cost-effective ways to increase your home’s value as recommended by local real estate agents.

 

High-Demand Finishes

 

You can check out which additions are in demand or trending in today’s buyers. These finishes don’t necessarily have to be expensive. This may include stainless steel appliances, quartz kitchen countertops, brass doorknobs, or brighter LED lights. 

 

These finishes will drive interest in your property as opposed to finishes that are high-quality but not as popular.

 

Eco-Friendly Features

 

Green, eco-friendly, and energy-efficient finishes are also a great way to increase your home’s value. In addition to being trendy and in-demand, these additions will also be a positive selling point for resale.

 

Buyers prefer eco-friendly features that can help them save money in the long run. This includes tankless water heaters, powerful water-saving appliances, and solar panels.

 

Appealing Landscaping

 

You should also pay attention to the landscaping around your property. A well-designed landscape can make all the difference in the property’s appearance. Make sure that your lawn and garden are well maintained and attractive.

 

Other than being aesthetically pleasing to look at, a nice-looking exterior can boost your home’s value by a few extra thousand dollars.

 

Upgrading the Kitchen and Bathroom

 

When looking at houses for sale, many buyers decide the home’s resale value mainly by the way the kitchen and its bathroom look. This is because people want to make sure that they can use the kitchen and its bathroom efficiently and comfortably. 

 

If your kitchen and bathroom are already in good condition and still in great shape, you can add some finishing touches to make it extra special. 

 

You can have your bathroom or kitchen re-tiled and add a few storage solutions. You can also find inexpensive countertop materials that look like high-end marble and granite. 

 

Consider updating your appliances and faucets for a better-looking kitchen.

 

Adding Square Footage

 

Adding square footage to your home can be a great way to increase its value. This doesn’t necessarily mean that you need to build another room or renovate your property. An extra bedroom or even a finished basement can do the trick.

 

Additional space can help potential buyers visualize themselves living in the home. Aside from the extra bedrooms, you can also add bonus rooms for a different television or a home office.  

 

Adding a Fresh Coat of Paint

 

Paint can be an inexpensive way to update your property and make it look brand new. You can freshen up your walls with a fresh coat of paint, especially if the current colour is dated. The new colour can instantly improve the appearance of your home.

 

Consider hiring a professional to do the job for you. They can give you recommendations on which paint to use depending on the state of your home’s walls. Professional painters may also be able to suggest a paint finish that will be attractive and durable.

 

Conclusion

 

These are just some of the ways to increase the value of your home. If you want more suggestions on how to improve your home’s value for sale, be sure to ask your local real estate agent for more tips and recommendations. 

 

If you are interested in buying or selling a home, make sure you consult the best realtors in Vaughan. Sold With Presta specializes in residential and commercial real estate. Get a free home evaluation today!