April 15, 2022 Selling

ROI Renovations

By Kate Barker

When it comes time to sell your home, it can be difficult to take a good, hard look at the property and get it ready to show its best. A small investment can lead to a big payout if done correctly. Here are 4 simple renos that can lead to a big ROI when you list your house for sale.

  1. Paint

A fresh coat of paint can completely change the look of a home, and a professional job will repair any imperfections in the walls, leaving a sleek finish that looks clean and crisp. Choose neutral colours that compliment your flooring and seriously consider hiring professionals to do the best job possible.

  1. Flooring

This can be on the pricey side, but rough and worn flooring will show its age and lower the perceived value of your home. For hardwood, a refinish may be all that’s needed to spruce up the place. If you’re looking to replace the flooring, hire a professional. The most expensive hardwood won’t look as great as simple laminate if it’s not installed correctly. Consider removing carpet since it can hold onto smells and new buyers will likely want to remove it asap.

  1. Countertops

Don’t redo the entire kitchen when a countertop refresh can brighten up the place and make the whole room look dazzling. Updating the appliances to stainless steel comes with an additional cost, but it will increase the perceived value of your home by making your kitchen look modern, clean, and move-in ready.

  1. Accessories

For the least-expensive facelift for your home, consider sprucing up the doors, hardware, locks, baseboards, or mouldings. Replacing hardware is cheap and an easy DIY fix, whereas touching up mouldings and baseboards with a fresh coat of paint can change the look of a room. Consider a new exterior door with a quality lock that will invite people into the home while providing a sense of security.

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