For most people, their home is one of their greatest and most valuable assets. As such, it would only make sense to not only protect that asset but also increase its worth. There are plenty of things that just about anyone can do that will help. Here are just 5 ways to boost the value of your property.
1. Curb Appeal:
They say never judge a book by its cover, however, when it comes to houses unsightly exteriors, cluttered yards, and poorly maintained property are hard to look past.
Simple ways to ensure your home makes the best first impression are to have a clean, maintained lawn. Fresh cut grass, weeded gardens, and a clutter-free entranceway can make a world of difference for those entering your property.
2. Make it Smart:
From smartphones to smart tv’s and even smart fridges, we live in a world where technology rules all. People enjoy the ease and convenience of smart technology and that applies to their home as well.
Installing a smart thermostat, smart home monitoring or a smart irrigation system will allow for ease of use for potential new owners. And with today’s lifestyle being as busy as ever, the fewer things on ones to-do-list the better.
Not only do smart systems make life easier, but they also tend to be more efficient and cost-effective, saving time and money.
3. Upgrade decor:
A little goes a long way when it comes to updating one's home. It is amazing what a can of paint and some new furniture can do.
A freshly painted room appears clean and new, which is what new buyers will be looking for. When redecorating, choose neutral, light colours that appeal to the masses, as well as present the space as fresh and open.
New light fixtures, door knobs and window treatments can make a big difference in the overall appearance of a room and is a relatively low cost upgrade.
Remember, when redecorating, though it may not be your personal style, simple, light and neutral colours will showcase your rooms the best. If in doubt, hiring a decorator or home stager may be a sound investment.
4. Add Storage:
When looking for new homes, buyers often will be focusing heavily on the amount of storage space available.
Upgrading your closet systems to include built-in storage will not only maximize the functionality of the closet but appeal to potential buyers as well.
When it comes to storage space, it’s not always about the amount, it’s how well you use it. Whether its wall units in the basement, shelving in the garage, or adding a closet, additional storage space is always an asset.
5. Focus on the Kitchen:
When it comes to rooms in a house that can make or break a sale, the kitchen is at the top of the list.
Kitchen remodels tend to be where you will see significant increases in value. A poor functioning and outdated kitchen will have even the most interested of buyers looking elsewhere.
If your budget doesn’t allow for a full kitchen renovation, there are a number of low-cost upgrades that can help improve the space. Repainting cabinets, replacing countertops, upgrading hardware and adding new lighting can vastly improve the space.
Team Forster is part of a fully accredited real estate brokerage regulated by the Real Estate Council of Ontario (RECO). We adhere to the Real Estate and Business Brokers Act, 2002, government guidelines and statutes, and a strict code of ethics.
We know the London, St. Thomas, and surrounding communities and their real estate markets. Let Team Forster guide you through the buying process so you can find a home you cherish. Our team of real estate professionals lives and work in the area and we know real estate.
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