Looking to sell your home? You may want to do a number of upgrades first to boost its value. The more money you can make from selling your property, the better. With the prices for housing reaching new highs, you could sell your home for top dollar, but only if you're willing to make an effort in adding improvements here and there to make it more enticing to prospective buyers.
When it comes to upgrades and improvements, you don't need to shell out a ton of money. There are adjustments you can make that won't require you to break the bank.
A fresh paint job
One of the most inexpensive ways to boost the value of your home is with a fresh coat of paint as it can make the rooms look brand new. When choosing paint colours, it would be best if you stick to neutral shades because they're more appealing to buyers. A real estate study suggests that you should steer away from deep colours like slate gray, dark brown, and terracotta for the interiors. Doing so will only reduce your home's value. To get the best bang for your buck, you should stick with colours that have a mass appeal, like yellow and light gray. These colours evoke a stylish and clean vibe and signal that the home is well cared for.
When it comes to Toronto real estate, the kitchen remains king. In a survey of millennials, a modern or updated kitchen topped the list of their ideal home features, meaning your home will most likely sell if you have a beautiful kitchen. If you can't afford to do a complete remodel, a good workaround is to make upgrades and update appliances. Make the kitchen more functional by adding good taps, cupboards, and benchtops. Stainless steel appliances are found to be preferable, and so do quartz countertops. Just be sure that the appliances match or complement the rest of the elements in your kitchen.
Upgrade or replace light fixtures
Lighting may not be a big deal to some, but it's also a critical factor when selling your home. No buyer would want to reside in a dark place with insufficient lighting. Installing the right light fixtures in your home can make your space look brighter and more modern. You may also want to consider adding down-lights as they look good in most environments, and this type of lighting bode well with other pieces of decor. Energy-efficient lighting is also a great option as it can boost your home's appeal.
Thorough cleaning and organizing
Want to make a major upgrade without spending a single cent? Do a deep cleaning of your home. A heavy and thorough cleaning can work wonders on any property. When cleaning, you should shift your focus on spaces that you can see, as well as the nooks and crannies that are hard to reach. Scrub the spaces behind stoves and refrigerators and move furniture around to clean the areas underneath. A home that is rendered spotless will help you get the best selling price.
Following the tips above can boost your property's value without costing you a lot. If you're in Forest Hill, Toronto and ready to sell your home, our real estate agents can help you increase your selling price. Get in touch with us today to see how we can help.