Thinking of reselling your home in the near future? Need some renovation tips to make your property attractive so you can have a higher return of investment.
Simple repairs or renovations such as a new roof or energy efficient replacement windows can really boost the resale value of your home. Continue reading for tips from the experts on how to make your property look more appealing to potential buyers.
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Tips to Make Your Property Attractive to Increase Your ROI
Use these tips from the experts to improve the look of your home to yield a higher return of investment (ROI). The home improvement cost will well worth a higher ROI on the sale of your home.
- Kitchen Renovation
Kitchens are one of the top selling points with perspective buyers. All you need is a simple kitchen remodel such as upgraded countertops, new appliances, new faucet, a fresh coat of paint or even updated flooring. These minor renovations can help produce as much as an 80% increase on your ROI.
- Bathroom Remodel
An updated bathroom can do a lot to make your property more appealing to potential buyers. Simply upgrading the bathroom faucets, flooring and plumbing can give your bathroom a new look, especially if the porcelain in the sink, toilet and shower/tub are old and out of date.
- Updated Flooring
One of the best ways to boost your ROI is to update the flooring throughout your home. Hardwood floors yield a much higher ROI than carpet. And if your current hardwood floors are looking worn, you should consider replacing those as well. Flooring is one of the first things potential buyers notice about property.
- Replacement Garage Door
In most homes, garage doors get a lot of wear and tear over the years, leading to issues such as dents and dings. This can detract from the curb appeal of your home. Installing a replacement garage door can do a lot to increase your overall return of investment.
- New Roof
With the harsh weather conditions we experience in Canada, especially in the winter months, your roof takes quite a beating. Replacing the roof on your home can lead to as much as a 79% return of investment. Prospective buyers will not find a home that has a roof that has been damaged by water aesthetically pleasing. Nor will they want to throw a lot of their money into repairing or replacing a leaky roof. New roofing can boost the resale value as well as improve the curb appeal.
- Front Door Replacement
The front door is one of the first things people notice about a home so there is a lot to be said about curb appeal when it comes to selling your home. Something as simple as replacing your front door with a door with sidelights or safety lights can make your property attractive and appealing to potential buyers. Sturdy exterior doors with secure locks will give them peace of mind when it comes to home safety.
- Window Replacement
Window replacement can greatly increase your return of investment. Buyers are willing to spend a bit more on a home with newer, energy efficient windows such as vinyl windows. They know that their home will be protected from the elements and the idea of low energy costs is always plus. As well, aesthetically pleasing windows with window grids or other features can do a lot to boost the curb appeal of your home.
Contact North Tech Windows and Doors for a free quote for replacement doors and windows. Our quality and energy efficient doors can help make your property attractive to potential buyers.