Your Vancouver home is likely your biggest asset, and you love the way it appreciates over time. You can increase the amount it appreciates with some home renovations. Get the details on the most profitable improvements you can make to your Vancouver home.
New Cabinets in the Kitchen and Bathroom
When people look at real estate, they often head directly to the kitchen and the bathroom. They want to make sure these spaces live up to their expectations, and if they don’t, they’ll make a hard pass. That’s why it’s so important to spend some time renovating your kitchen and bathroom. You don’t need to spend much money on the process, though. Instead of going for a complete remodel, consider installing new cabinet doors and a tile backsplash. Little changes like those quickly add to the value of your home and make it easier to sell. Plus, you’ll love the modern look these new changes will offer.
Paint the Walls
If your aim is to increase the value of your home without spending much money, consider painting the walls. Go with neutral or light colours when painting the walls, though. While you might love a dark green or a purple, not everyone will, and the bold choice could actually reduce the value of your home.
Paint the Exterior of Your Home
Improving your curb appeal is another way to increase the value of your home. A fresh coat of paint on the exterior of your home makes it look newer and well cared for. In most cases, it’s best to hire a professional to handle this job for you. But if you have a knack for painting, you can turn this into a do-it-yourself project.
Refinish or Install New Floors
Your home will look like new after you refinish or install new floors. Refinishing is a great option if you have hardwood, but if not, go with laminate, vinyl plank, or tile. You can even lay a new floor over an existing tile floor if necessary. Consider going for high-quality materials when laying the floors. The higher the quality, the more valuable your home will become.
Make the Home More Energy Efficient
Many potential buyers consider energy efficiency before purchasing homes. You can make some simple renovations, such as changing out the lighting, replacing your insulation, sealing cracks, and using low-flow fixtures. Take on one task at a time, and it won’t be long before your home is much more energy efficient.
Improve the Value of Your Home Quickly
These renovations will allow you to improve the value of your home quickly. Just remember that you don’t have to do them all at once. Take on one project at a time and work your way through the list. By the time the year is over, you’ll have a much more valuable home. Then, if you decide to sell it, you can get more money on the transaction.