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    North Group

    70 Jutland Road, Unit 16, Toronto, ON M8Z 2G6

    • (647) 559-5880
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    Home Improvements that Will Add Value to My Home

    Are you looking to increase the value of your home without breaking the bank? You're not alone - many homeowners are looking...

    • Amy Youngren
    • April 18th, 2023
    • 3 min read
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    Are you looking to increase the value of your home without breaking the bank? You're not alone - many homeowners are looking for ways to add value to their property in an affordable way. Fortunately, there are plenty of options available that won't overly strain your wallet!

     

    If you are not looking to do a full reno, here we'll explore some of the most effective and budget-friendly ways to add value to your home. From painting both inside and outside your house, to installing new floors and upgrading interior lighting and kitchen backsplashes, there are plenty of simple projects that can go a long way towards improving the overall look and feel of your home.

    1. Painting

    Painting is one of the simplest and most cost-effective ways to instantly transform any room in your house. If you plan on living in your house for a while, you should feel free to paint according to what colors appeal most to you. But if you’re looking at future resale, then it's best to choose neutral colors (such as beiges, greens or earth tones) that will appeal to potential buyers.

    2. Updating Fixtures

    Faucets and door knobs might seem like minor details - but outdated or cheap fixtures can really bring down the overall look of a room. Replacing them with more modern materials is relatively easy and inexpensive yet can make all the difference when it comes time for showings with prospective buyers.

    3. Install New Floors

    Carpeting or linoleum that still looks dingy after a thorough cleaning is one sure sign that it's time to invest in new floors. Hardwood flooring is a timeless option that appeals to most buyers, but laminate flooring can provide similar results at much lower price points. There are also several other flooring materials available including cork tiles, carpet tiles, vinyl, etc., so there’s something for everyone regardless of taste or budget concerns.

    4. Upgrade Interior Lighting

    Lighting plays an important role in both increasing your home’s worth and providing a welcoming atmosphere within each room. Installing LED light bulbs reduces energy costs while also introducing brightness into dark rooms - meaning you get both practicality AND aesthetic improvements from this single project! Upgrading light fixtures such as those in living rooms, dining rooms, bathrooms and bedrooms with more modern designs will maximize just how much light reaches every corner of each space as well as give off subtle vibes about luxury living standards associated with upgraded lighting fixtures.

    5. Kitchen Backsplash

    Drywall or an outdated backsplash behind an oven or sink may seem practical at first glance - but actually lends an unfinished appearance that no buyer wants when they see it during visits prior to purchase. A kitchen backsplash is one great way to differentiate your home from others on the market while making it look more stylish overall - plus it doesn't require too hefty an investment either! Marble backsplashes (if possible) will help make kitchens stand out even further amongst those on the market today due its luxurious yet understated look.

     

    Home improvement doesn't have to be expensive. There are a variety of simple and budget-friendly ways to increase the value of your home. Whether you are looking to sell or build long term equity, with minimal cost and effort, you can make your home look more attractive and valuable!

     

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    About the author

    Amy Youngren

    416-624-8854
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    Amy Youngren is an avid real estate investor, sought-after speaker and founder of one of Canada’s fastest growing, award-winning real estate teams: North Group (est. 2017). As a business leader with 20 years of both corporate and sales experience within the real estate industry, Amy is guided by a vision to empower real estate entrepreneurs through a platform of superior systems, services and marketing that create real estate experiences worth talking about for 300+ clients annually. Named one of the “100 Most Influential in Real Estate” by Inman, she has steered North Group to numerous accolades, including “Most Innovative Real Estate Team” and ranked in the Top .01% in Canada, by the Toronto Regional Real Estate Board. Amy is a results-driven leader with an extensive network of industry connections, partners and investors, who is a regular commentator on industry trends and has been featured in the Canadian Press, Toronto Star, CTV andYahoo! Finance, among others.

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    70 Jutland Road, Unit 16, Toronto, ON M8Z 2G6

    Real Broker Ontario Ltd., Brokerage

    70 Jutland Road, Unit 16, Toronto, ON M8Z 2G6

    (647) 559-5880
    [email protected]

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