Increase Your Home’s Value With These Three Renovations

Are you thinking about selling your home? One of the best ways to heighten your home’s value and get more money upon sale is by renovating. While you can paint and add in new curtains, other more extensive renovations will be more strategic and offer long-term benefits.

Now, these renovations don’t need to be ultra-expensive, but they do require an investment. If you have some areas of your home that may be lacking in modernity or visibly in disrepair, spending the money to renovate will not only increase the value, but it will get your home sold quicker.

Outlined below are three renovations that will almost always make your home more valuable. If you speak to a realtor, they can outline some other options for increasing your home value, but these three tend to stand out when it comes to renovations.

Update Your Roof

If your roof is clearly not in good shape with shingles buckling and missing, you need to replace it. When investing in a new roof, several materials tend to be more attractive than others. You may want to get steel or new, more defensive shingles. In some cases, you may also want to consider adding solar panels onto your roof, as this will increase the value and make your home very desirable to younger buyers. While this can be considered a more expensive investment, you’re sure to make this money back upon the sale of your home.

Fix Up Outdoor Spaces

You can add more liveable space onto your property by fixing up any outdoor areas. If you have a deck with some rotted wood or a poor layout, you may find it beneficial to replace it with something more structurally sound and spacious. By replacing decks in the back of your home or your front porch and adding in other outdoor landscaped areas, there will be more reasons for potential buyers to get excited. If you want to show off these newly redone areas, make sure you list your home during the summer so potential buyers can appreciate the quality of work.

Remodel Outdated Bathrooms

Everyone is looking for new and modern bathrooms. People want somewhere they will enjoy spending time each morning and before they go to sleep. The bathroom plays a vital role in personal routine and tends to be one of the first things people look for when buying a new home. The best way to approach bathroom renovations to start with the most outdated first. In some cases, you may want to add another bathroom in the basement, as this is a quality that potential buyers often seek.

While considerable time and financial investments, renovations will boost your home’s value and get it sold in a quicker timeframe. If you aren’t looking to sell just yet, it is still an excellent tactic for building equity. Not to mention, you will probably enjoy living in a renovated more so in the time leading up to your departure. 

Make sure you call a Collingwood realtor once you decide to list. They may also recommend some other renovations so you can list your home for more. 

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