As housing prices in Toronto surge, so do renovations costs because more people are finding it cheaper to improve their house rather than buy a new one. The average house in Toronto is now valued at $1.4 million. With this knowledge, even if you were to sell your house, it would make more sense putting in the renovation work before selling your house. This would give it a higher value.
Renovations are by no means a fast process. Starting the renovation process means taking your time and investing the right resources towards making your home more habitable, attractive, and meaningful to you or your potential buyers. Here are some quick tips you ought to know before investing in such a big project:
Change the fixtures
A makeover of your fixtures from the native ones to modern fixtures goes a long way in increasing the value of your home. You may not notice the relevancy of switching up your fixtures but every time you have a guest come over, they’ll be sure to notice. From the lighting to the towel holders, you need to have the best if you want to increase the value of your home. Various home renovations Toronto concepts are available online, especially on social media platforms like Pinterest or Instagram. Browse through variations of such hashtags and you will see that many people have gone through what you’re looking to achieve.
Rework your kitchen and bathrooms
Kitchens and bathrooms are two sensitive areas that every prospective buyer will get excited about, especially when every aspect matches up with their vision. It might mean changing your countertop, adding an island, changing the vanity, or replacing the faucets but it will be worth the investment and the effort.
Convert your backyard to a garden
Landscaping is in. Even though homes in Toronto don’t come with a lot of space to run around on front lawns, they still come with enough to make the front of your house look welcoming or dreary. Of course you’ll want to make it look like the former, but that doesn’t mean just planting flowers wherever necessary. You’ll see plenty of home renovations in Toronto that went through a strategy to get their garden looking good.
Though not always a requirement, most home buyers are easily attracted to well-maintained lawns and gardens. So whether you choose to sell your house or do the renovating for yourself, don’t forget about the outside.
Make it energy-efficient
Energy efficiency is a critical consideration every homebuyer is looking into these days. This means going for green energy sources or equipping the home with efficient energy consuming appliances. A blend of these two yields a perfect outcome and a great inspiration for homebuyers, so have it in your home renovation plans.
Home renovations in Toronto often lead many to go above their budget but if you make sure to plan accordingly, you’ll end up with beautiful results that will have you never wanting to leave the house!