5 Renovations That Maximize Your Home’s Value
Looking to renovate your Toronto-area home with an eye for a sale? In this competitive home-selling market, sellers can’t just wait for buyers to show up. You want your home to grab buyers’ attention, and get them bidding against each other for the right to give you the greatest return on your home’s value.
Here at Tribus, we want to help you make your home as valuable as it can be. We all know about how things like kitchen renovations will improve your chance of getting a good offer. Our experience in home renovation specialists means that we can identify five upgrades—ones you may not have considered—that really improve the resale value of your home.
This winter, we’ve all felt the chill. Toronto winters can be punishingly cold; and at the same time, Toronto summers can be surprisingly hot. That can put strain on your home heating and air conditioning, and can end up costing you serious money. Buyers know it, too, and will often ask about the heating and cooling costs of your home before making that offer.
Fortunately, the solution’s simple and quite inexpensive: adding and improving your home insulation. Improving your attic insulation can be comparatively inexpensive, simple and fast compared to other home renovations, but can get real results. Improving insulation around windowframes and doorframes, and switching to more heat-resistant double-paned glass, can also seriously reduce the amount of hot or cold air that bleeds out of your home. It’s simple and fast, but it’ll make your home far more inviting.
Enticing bathrooms are often key to getting the best offers. A lot of homeowners pour money into expensive bathroom upgrades, though, or even adding entirely new bathrooms to their homes. These improvements can be beautiful and make your home feel more welcoming, but from a pure ROI standpoint, they may not be the best choice.
Unless your bathroom is bringing down the perceived value of your home, you may want to consider smaller changes. Simple upgrades of the vanity, lighting and toilet can go a long way to improve the perceived value of your home. Like attic insulation, it’s comparatively inexpensive, but it can make a real difference.
Garage door replacement
This is one you may not have considered! Garage doors may not be the first or more obvious choice, but they can also make a real difference. Getting rid of an aging garage door and tracks and replacing them with a modern 4-section garage door with new tracks isn’t too expensive, and you can often use the same motorized garage door opener that you used to use
It’ll give your home a fresh, clean appearance, and will can dramatically improve insulation. Best of all, it’s one of least expensive upgrades out there.
Yes, painting! Like the garage door, it may be something that you hadn’t considered. But a new coat of paint can make your home look far better: more modern, more airy, and much brighter. In the long, dark Toronto winters, light is going to be at a premium, and buyers are going to be looking for spaces that give them a sense of warmth and brightness. A simple coat of paint can help them fall in love with your home and make that offer.
Finally, stone veneers. This is going to be familiar to a lot of Toronto home buyers who are familiar with Toronto housing trends and Toronto home renovations. It’s the go-to exterior upgrade. Still, it’s popular because it works. Homes with antiquated vinyl siding, or even many standard brick patterns, can be given a whole new life with the installation of stone veneers. It will make your home look luxurious, and properly-installed stone veneers can improve your home’s insulation.
There are a lot of options to choose from for various budgets: natural stone veneers can be made from natural stone that is either collected (like fieldstone) or quarried. Veneers can also be made out of manufactured stone, which uses artificial processes to create an artificial veneer that is indistinguishable from real stone. There are even flexible stone veneers, which uses slate or sandstone backed by a composite material.
Tribus can help you find the best return on your investment
These are just a few simple ideas. To get the job done well, done right, and done quickly, you’ll want to talk with the home renovation experts at Tribus Homes. Whether you’re planning a major upgrade or something simple, we’re here to help you through the whole process. Call us now, and we’ll work with you to make sure that buyers give you the offers that your home deserves.