Toronto’s housing prices are steadily increasing, and now is the perfect time to invest in your home so you can later capitalize on its value. There are many things you can do, big and small, that can make it easier to sell your home and earn a higher return on your investment (ROI). Here are 7 home improvement tips that will help add value to your home.
Improve the Curb Appeal
Most realtors agree the outside of a home can make or break a deal. While you shouldn’t “judge a book by its cover”, people do in real estate all the time. There are many ways to add value to your home through curb appeal. Some ideas are cleaning up existing landscaping or adding new, repainting the exterior of the home, or even installing a new mailbox or front door.
Connect or Open up Living Areas
At the top of most home buyer’s wish list is an open floor plan. You can create an open floor plan in your home by knocking down walls and pass-throughs. It will totally change the feel of a home, as open entryways are more inviting compared to closed entryways. This will also make your home appear larger.
Update Kitchen Countertops
Simply changing the kitchen countertops can transform the overall look of your kitchen. Nowadays there are many countertop materials to choose from. It may be a good idea to steer clear of trends like hard-to-clean white or concrete counters. Instead, choose a low-maintenance material such as quartz. The most important thing to consider is the color, ensure that it matches the home’s overall color scheme.
Paint or Replace Kitchen Cabinets
Similar to the countertops, kitchen cabinets can make a big impact on the room. Before rushing to the home renovation store to buy new cabinets, decide if your existing ones are still good. If you decide to replace them, understand this will come at a pretty penny. Ensure you pick a color that complements that countertops. A good thing to keep in mind is darker colors hide smudges and dirt. On the other hand, if you decide to paint them, be sure to use a high-quality paint that is semi-gloss or glossy to add durability.
Update Kitchen Fixtures and Appliances
After installation of new countertops and cabinets, the appliances and fixtures will stick out like never before. At this point, you’ll be considering changing them too. By today’s standards, your kitchen should be equipped with stainless steel appliances and energy-efficient water fixtures.
Install Kitchen Flooring and Backsplash
The final touches to your kitchen remodel include updated flooring and a tile backsplash. The backsplash will add the “final” touch to your kitchen, and can also prevent damage to the walls from water and grease. When considering flooring, tile is best for the kitchen, as it’s easy-to-clean and water-resistant.
Remodel the Bathroom
Like the kitchen, bathrooms are costly to remodel but make a big difference. Easy ways to update the bathroom include new lighting, updated showerheads and faucets, adding storage and a new coat of paint.
In the end, home renovation projects of any size can make your home more valuable. Be sure to call our professionals at Alair Home Toronto when you are ready to begin.