When it comes to the real estate market, there is no shortage of demand for those seeking to buy their next dream property. However, there is also a wide market made available by those selling their homes, so if you’re looking to sell your house any time in the near future, you’re going to want to stand out amongst the crowd.
Making these renovations can help drive up interest in your home to prospective buyers and increase the property’s overall value, especially when you work with the best real estate brokerage in Toronto to help you sell.
Primarily, potential homebuyers are looking for two things: functionality and aesthetics, as many would rather a home that’s move-in ready versus one that might give them problems with renovations in the future. If you’re considering selling your home, here are a few different ways that you may be able to increase its value.
Invest in the “Big Three”
While every homebuyer may have different needs, in general, there are three main rooms that people take into consideration the most when looking for a new place to live: The living room, the kitchen, and the primary bedroom.
For a dated kitchen, updating the appliances to modern mid-ranges and ensuring it has a functional layout with proper counter space can help bring it into the present.
A living room, meanwhile, should be spacious and comfortable; a place where a homebuyer can see their family gathering together after a long day. Consider staging a living room with cozy blankets, bright colours, and lush houseplants to help create a homier environment.
The primary bedroom is the home-owners most personal room in the house and their private retreat from the world. If you’re looking to remodel a bedroom, many people are looking for a comfortable and spacious room with an attached ensuite bathroom for optimal comfort and convenience. For a general staging tip, it is advised (when possible with a home’s layout) to have the foot of the bed placed furthest from the door.
Update the Final Touches
Completing finishing touches to your home can help make it feel…well, finished! Paying attention to these details can help your home feel newer, complete, and like there are fewer surprises waiting for prospective buyers after they buy their home.
These finishing touches don’t have to be expensive either; a simple new coat of paint on your walls or cabinets, new hardware, and power washing your home’s exterior can all help to sell your home.
Likewise, updating the lighting throughout your home to be fresh, bright, and even energy-efficient is also a great way to increase its value.
No Incomplete Spaces
One of the biggest turnoffs for a potential homebuyer is walking into a room and seeing they have to put in additional work to make it useable. This isn’t to say that you need to fully renovate and stage every space of your home, but putting up drywall and patching up holes in areas like basement and attic spaces can help give a room a blank, workable canvas for the next family who lives in your home.