If you’re looking to sell your home, it’s important to consider what upgrades will help increase its resale value. However, it can be overwhelming to decide where to invest your time and money to get the best return on investment. To help you out, we’ve put together a list of the best upgrades for a home for resale value.
Kitchen Upgrades
The kitchen is often the heart of the home and a major selling point for potential buyers. Upgrades to your kitchen can be as simple as replacing outdated appliances, upgrading the countertops or backsplash, and adding new cabinet hardware. If you have the budget, consider a full kitchen renovation with new cabinets, countertops and appliances to really wow potential buyers. The kitchen is the best room to upgrade to increase resale value.
Bathroom Upgrades
Bathrooms are another important area of the home buyers pay close attention to. Simple upgrades such as new faucets, shower heads and light fixtures can make a big impact. Consider upgrading the vanity and mirror, replacing old tile or grout, or adding a new bathtub or shower if your budget allows.
Curb Appeal
First impressions are everything and the exterior their home is the first thing potential buyers will see. Be sure your landscaping is well maintained; the driveway and the sidewalks are in good condition and the exterior of the home is clean and freshly painted. Adding a new front door or porch light can also make a big impact on your curb appeal.
Energy Efficiency
More and more buyers are looking for energy efficient homes. Upgrading your homes insulation, installing a new HVAC system or replacing old windows or doors with energy efficient models can make your home more attractive to buyers and potentially save money on energy bills in the long run.
Storage Solutions
Everyone could use more storage space in their home and potential buyers will appreciate it too. Having closet organizers, built in shelving or a new pantry can make your home more functional and appealing to buyers.
Smarthome Technology
Technology is becoming more and more integrated into our daily lives and smart home technology is no exception. Adding a smart thermostat, security system or smart lighting can offer convenience to potential buyers looking for a modern home.
Investing in these upgrades can make a big difference in the resale value of your home. However, it’s important to note that not all upgrades will provide the same return on investment for every home. It’s a good idea to consult with us to determine which upgrades provide the best value for your specific home. Reach out to us with your questions if you are thinking of upgrading your home.
Learn more about smart home devices at BC Hydro:
https://www.bchydro.com/powersmart/residential/tips-technologies/smart-home-devices.html