7 Value Adding Renovations to Do Before the Spring Selling Season
Tanya LaRose 0 comments 01.03.2023
With Spring selling season right around the corner, you are probably wondering how to make your home standout amongst all the competition. Home renovations can be costly, so it is important to understand which home improvements will yield a return on your investment. Here are some ideas that will both increase your home’s attractiveness and overall value.
1. Install a Kitchen Backsplash
The kitchen is full of possible big-ticket item improvements, but backsplash isn’t one that breaks the bank. You can comfortably install a backsplash in just one weekend by yourself, instantly bringing new life to any kitchen.
2. Garage Door Replacement
Replacing a garage door is big for curb appeal, and it’s also a great investment that will recoup the cost (or more) during resell.
3. Siding Replacement
Appraisers typically look at the structural elements of a home and siding usually plays a part in that. Replacing siding increases value instantly due to the high visibility of the upgrade.
4. Finishing the Basement
A finished basement instantly adds value to the home. The amount of added useable square footage comes at a lower cost compared to an addition. Plus, the space can be used for anything a potential buyer can imagine, making it an extremely attractive option.
5. Replace Carpet with Laminate or Hardwood
Hardwood and laminate flooring are comparable in price to luxury carpets but comes without the hassle of continual vacuuming. This type of flooring is also more durable and less prone to damage or staining, making it a very attractive feature to buyers.
6. Manufactured Stone Veneer
A manufactured stone veneer project remains high on the list of valuable home updates. It provides a modern look to any space at an acceptable price whether you’re hiring out the work or going DIY.
7. Expand Outdoor Space
During the summer here in Saskatchewan, people want to enjoy as much of the outdoors as possible. Adding a deck, patio, hot tub, garden, fire pit, or any other addition that gets people outside is a very attractive feature.
Keeping pace with what buyers like and what can increase your resale value can help you decide where to focus your efforts. Talk with a local real estate agent about which renovations increase home value in your area. From there, you can invest in improvements that you will enjoy until you are ready to sell.