What Upgrades Increase the Value of a Home

Canadian Real Estate Wealth has put together a blog post on which home improvement improve the value of your home.

• Kitchen remodeling
• Bathroom renovations
• Landscaping & curb appeal
• Energy-efficient upgrades
• Smart home technology

If you’re remodeling your kitchen for yourself and you plan on being there for sometime – knock yourself out. BUT, if you are looking to increase the value of your home make decisions on what buyers typically look for. You may want to avoid red lacquer (which I have seen and which was a turnoff). The pendulum in favour of open kitchen concepts is swinging so note that a closed kitchen is now an option once again.

Bathroom renovations of course. According to the area or building you live in I always caution people to not take out the bathtub if you only have one. The best of course is if there are two bathrooms in one you can have a walk-in shower and in the other you can have a bath.

Landscaping is good, I’d suggest keeping it simple making it something that a new person would want to adopt.

Energy-efficient upgrates – in order for those to count do remember to keep the documentation you have and be sure that the information is relayed to potential buyers as otherwise some features may not be evident.

Smart home technology – this is a new item on the list. It will be interesting to see this evolve and see how these features transfer from one owner to the next. Be careful to not be this guy!

Should you be embarking on a renovation project and aren’t sure what will bring the most return on your investment do not hesitate to contact the Molly & Claude Team we can help.