Here in Kelowna, we often are asked by sellers if they should do any renovations before listing their homes. When considering renovations, it's essential to focus on upgrades that offer the best return on investment. Here's a quick guide to get the most bang for your buck:
- Kitchen Remodel: Modernizing your kitchen can dramatically increase your home’s value. Focus on updating appliances to all match (bonus points for stainless steel), countertops from composite to stone, and cabinetry to lighter colours both improve the kitchen visually and functionally. Even minor tweaks can make a big difference in a kitchen, you don't need to completely start from scratch to have a big impact!
- Bathroom Upgrade: Fresh, clean bathrooms are a huge selling point. Consider new fixtures, a sleek vanity, or a stylish shower tile upgrade. Some things that we find buyers often looking for are things like bathrooms with tubs, and dual vanities. If you are redoing the flooring in your bathroom, you may also be surprised to find out how economical it can be to add heated flooring - a simple luxe touch!
- Curb Appeal: First impressions count. Simple changes like cleaning up landscaping, outdoor lighting, or an updated front/garage door can significantly boost your home’s exterior charm. That being said, a nice patio out back is a big selling feature in the Okanagan! Even if you have a smaller backyard, having a tidy, spruced up space to enjoy the outdoors in goes a long way. Some light landscaping, fresh mulch, managed plants, and a well kept & edged yard all add value to a front and back yard.
- Major Systems: Ensuring your major systems such as roof, hot water tank, furnace, and AC are kept up to date helps instill buyer confidence, avoids renegotiations after a home inspection, and gives you peace of mind while you are still in your home. Something that comes up time and time again are vents disconnected in the attic, while we don't suggest you spend a ton of time in your attic, poking your head up there is all good is always recommended.
- ‘Face lifts’: Simple changes like fresh coats of paint, updating older or mismatched flooring, new lighting fixtures, kitchen hardware, backsplashes, and decluttering can have a big impact!
Each renovation project is unique, so consider your home’s specific needs and market trends. Reach out if you need personalized advice or recommendations to make the most of your renovation investment!
