Many people, once they’ve decided to sell their home, place it on the market immediately. However, taking the time to perform a few renovations can greatly increase its selling potential as well as the price you can ask for it. Here are some of the most useful renovations.
- Paint the outside of the home.
A fresh coat of paint on the exterior of the home and on any spaces indoors that need touching up can completely transform a property. A home that looks fresh and well cared for has more appeal to buyers than one that has faded or chipped paint. While a fresh paint job won’t cost much, it does enable you to ask a slightly higher value for the home than you would otherwise.
- Renovate the kitchen.
The kitchen is one of the most important parts of selling a home. If your kitchen looks dated, it will hurt your chances of selling the property. Update your appliances and give the cabinets a fresh coat of paint. If necessary, replace the backsplashing and update the floors. While kitchen renovation can be an expensive process, it has a high ROI.
- Count the bathrooms.
Homes with more than one bathroom will sell much more quickly. If your home has a single bathroom, try to renovate another room to include at least a half-bath. Two full baths are even better; it opens your home to families with several people for whom a single bathroom would be too much of an inconvenience.
- Install more insulation.
Energy efficiency is just as important as appearance. One of the primary questions you will be asked is how much the bills are from month to month. By insulating the home, you can reduce the cost of power and give your home a better chance to sell. Insulation within the walls and the ceiling, as well as proper window sealing can make a big difference for a little cost.
If your home isn’t selling, take it off the market and perform a few renovations before placing it back for sale. You’ll find the benefits are well worth it. Call Litwiller Renovations in Calgary at 403.275.2588.