(NC) The Canadian Real Estate Association reports that the national average price for homes sold in November 2016 rose 7.3 per cent year-over-year, making it a desirable time for homeowners to consider selling. If you're thinking of getting on the bandwagon, consider these smart pre-sale renovation tips to boost your home's value and attract the right potential buyers.
1. Change up the paint colours. One of the quickest and easiest ways to spruce up a room is to paint the walls. Avoid bright colours and stick to a neutral palette, which is less distracting to potential buyers. Whites, off-whites, greys and beiges are best and work with almost any furniture and décor.
2. Clear out clutter. A messy home is a deterrent. Consider renting a storage unit, donating what you no longer need, or selling the items online. Remove personal touches like photos and portraits and décor that may not be appealing to everyone. A neutral style lets buyers envision making the space their own.
3. Upgrade the kitchen. We spend a lot of time in the kitchen, so it's important that it's both functional and beautiful. Upgrading your kitchen ( including replacing leaky faucets, outdated cabinet hardware and old light fixtures ( with more modern styles will help increase your home's worth. If you have the means, consider replacing appliances with energy-efficient models.
4. Add a bathroom. According to Renova, a web-based tool that helps homeowners calculate the potential rate of return on the top 25 most common renovation projects, bathroom renos boast an expected ROI of 75 to 100 per cent. The product range of above-the-floor toilets from Saniflo are cost-effective, energy-efficient solutions for installing a full bath, half-bath or powder room quickly. For a small space, consider the Sanicompact, an all-in-one toilet and pump unit that can be easily installed in one day.
Find more information online at saniflo.ca.