To get the biggest bang for one’s buck when it comes to selling a house, many homeowners look into renovations.

No one has infinite money, however. As much as you may want to, you probably can’t renovate everything you want. It’s key to prioritize what’s going to add the most to your selling price. In general, what improves the function of your home will be what adds the most value and therefore is what can increase your selling price.

In this respect, it’s not about correcting every eyesore. It’s about renovating specifically to sell for the highest dollar.

Here are the best 7 home renovations you can focus on if you’re focused exclusively on increasing the selling price.

1. Finish Your Basement

 Make sure every space in your home is finished. An unfinished basement is an excellent opportunity to renovate it, add in new flooring or walls, and turn it into a usable space, such as a home office, home entertainment space, or a completely separate unit to be used as a potential rental.

2. Updating A Dated Kitchen

Most dated aesthetics don’t necessarily need a lot or even need to be changed but when it comes to the kitchen, as expensive as it can be to renovate, it pays for itself. Replacing the appliances, cupboards, countertops, and adding new features, and doing a redesign from top to bottom can add a ton of value.

Looking to make the most of your home sale? Read these blogs for more advice from our team.

3. Remodel Your Bathroom

In addition to the kitchen, bathrooms are equally important. They are a place to relax and decompress and should be treated as such. Give yours a facelift with new showers or tubs, lighting, vanities, flooring, plumbing, and more.

4. Functional Upgrades

 A functional upgrade is things like upgrading your HVAC system, electrical, or plumbing. These are essential systems that you will want to ensure are working and in top shape. This may include purchasing inexpensive accessories, such as vent covers, electric outlet covers, and new sink and bath fixtures.

5. Replace All Carpet

An older home that still has carpet is strongly recommended to rip it out and go with either hardwood, laminate, or vinyl. This adds a sleek look, is easy to maintain, and is what buyers are expecting. Any prospective homeowner will be caught off-guard by the carpet. It’s also an easy renovation to do.

Selling your home soon? Check out these blogs for important tips on maximizing your sale.

6. Structural Remodelling

Improve the layout of your home if there are ways to do so. Create an open concept by tearing down non-essential walls. If you cannot alter your layout as it is, consider a home addition that can add square footage and strategically expand high-value rooms you already have, such as your master bedroom, bathroom, or kitchen.

7. Improve Curb Appeal

Little repairs and smaller renovations that make your home look more expensive can be a strong investment. This might include investing in a new garage door, repairing windows and doors, adding a fresh coat of paint, and the like.

For most properties, these are the renovations that will help increase the selling price of your home and close faster. If you are looking to sell your house in Etobicoke or move to the Etobicoke region and buy a home, reach out to the experts at Adrian + Andrea. See what listings are up and have a chat with our real estate team about which properties align best with your needs.

Are you looking to sell your home? Put the right foot forward. Contact the expert South Etobicoke real estate team at Adrian + Andrea today.  Call us at (416) 319-6893 or email info@adrianandrea.com today!