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Home Improvement Ideas That Increase The Value Of Your Toronto Home

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Most of them have also been successful in extracting top dollars for their homes post-renovation. Carrying out the renovations before listing the homes for sale helps in showing your home at its best to potential buyers and gain an edge over the competition.

When you plan your home improvement Toronto, it is essential that you focus on investing in practical renovations that can fetch a high ROI. If larger home renovations fall outside your budget, there are innovative designs in Toronto that you can explore and yet achieve your dreams. 

 For the most part of 2021 Toronto home prices have been consistently moving up with supply falling short of demand. This gave rise to increased competition from buyers. Many homeowners seized the opportunity to execute home improvement Toronto projects to enhance the value. Most of them have also been successful in extracting top dollars for their homes post-renovation. Carrying out the renovations before listing the homes for sale helps in showing your home at its best to potential buyers and gain an edge over the competition.

 

 

When you decide to sell your home, obviously you will need the services of a real estate agent. 

 

Real estate agents are professionals with wide-ranging experience in buying and selling homes in different neighborhoods and at varying price points. They will be happy to inspect your home and suggest home improvement measures that you can implement to help you get the best price possible. Most of the expenses incurred on home renovation will also be factored into your sale price reducing the burden on your wallet. 

 Let us now examine some of the home improvement Toronto ideas to increase the value of your Toronto home

 

Finishing the basement      

 

Renovating the basement is among the best home Renovation Toronto tasks when you are planning to sell your property. This will help your home stand out compared to other homes in the vicinity, and most buyers look for homes that have finished basements. In competitive markets such as Toronto, your home attracts quick attention among other homes listed when you have a basement that is well finished and functional. 

 

A finished basement adds living space and potential buyers will see this as a big advantage. You can also consider converting your basement as an additional bedroom with a full kitchen and bathroom. Even if you are not planning to sell your home, converting the basement into a bedroom with a full bath and kitchen can become a rental unit fetching steady income. Even potential buyers will be more interested in this added stream of income from your finished basement.

 

Renovate your bathroom and kitchen

 

When you look at innovative design in Toronto, you will notice that renovated bathrooms and kitchen are very popular home design solutions that help in enhancing the value of your property dramatically. Most people spend a major part of their time in these spaces and therefore making them most convenient and looking best is crucial when you are listing your home to sell. You should also consider adding stainless steel appliances and painting the kitchen cabinets to add further value to your home.

 

The kitchen is a focal point of any home and families tend to spend significant time in this space. An outdated kitchen can be a huge drag when interested buyers are inspecting your home. There are many home design solutions like adding energy-efficient appliances, renovating old cabinets, changing the tiles, etc and each of these measures will add value to your home. When budget is a constraint, you can look at smaller renovations measures like changing old hardware, updating lighting, or painting the cabinets to get that fresh look. 

 

Bathrooms 

When it comes to the bathrooms, most buyers will look for neat and clean bathtubs, floor tiles, and sinks. Renovating the bathrooms need not necessarily be expensive and you can consider budget-friendly aspects that give the bathroom a desirable fresh look. Some such home design solutions include changing plumbing fixtures, new flooring, fresh paint, and energy-efficient updates. An inexpensive and easy method of renovating your space is a fresh coat of paint all around. 

 

Curb appeal

Curb appeal is another crucial factor that will distinguish your home from others. Upgrading the garden, clearing the weeds, new paint, landscaping, and ensuring that love at first sight impression from the exterior area as a potential buyer walks in for an inspection are among the important elements. You should also ensure that your front door is welcoming, without blemish, and healthy.

Putting yourself in the shoes of the buyer helps you identify other areas that you should spruce up for the best home improvement Toronto.

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