Calgary Real Estate: Add Value To Your Home With These Upgrades

To renovate or not to renovate? When you are planning to put your house on the market, it’s a crucial question of whether or not renovating is right for you.

Property prices are on the rise. And if you want to get ahead of your competition, then it is essential to be knowledgeable.

Add maximum value to your home and increase its value for Calgary real estate. These range from improving curb appeal with flowers or painting over brown spots- anything is possible as long as it is done correctly.

What Should You Upgrade?

There are important notes on what to upgrade in your home. The following are the essential factors that may help increase your home value:

• Make It More Attractive

Your home’s exterior needs to make a prospective buyer want to walk through the front door. Curb appeal — how your house looks from the outside— can determine whether or not they enter and explore what is inside.

Spending time and money on landscaping is an investment. To make sure that you are getting your money's worth. It is essential to maintain the existing landscape well by keeping weeds at bay or repainting if necessary.

Nowadays, many homeowners choose low-maintenance plants which can help create a beautiful display all year round without needing much care from us gardeners.

• Make It Low-Maintenance

When buying or selling a home, many people worry about constant maintenance.

To alleviate these fears and get you an even higher price for your property before listing it with the market, replacing components like water heaters may help calm buyers' nerves to feel confident in their purchase without any worries of emergency repairs soon.

It will also give them peace of mind knowing that if anything goes wrong after installation (such as leaks), there won't be much time left until sale day.

You can increase the value of your home by making improvements that maintain its cleanliness and beauty. You might consider different changes, like hardwood floors or vinyl siding. Depending on what suits you best!

• Make It Efficient

With energy conservation features, homeowners can save up to 20% on their monthly utility bills. The National Association of Home Builders and Remodelers has found that it is a significant contributing factor in the value an area provides for sale or rent.

Energy-efficient mortgages (EEMs) are an innovative way for homebuyers to not only purchase their new homes but also make upgrades.

The loans allow them the opportunity of taking on additional debt, which can be useful if you're looking at energy efficiency as well! With lower interest rates than traditional financing methods and tax credits in place to it's a win-win situation all around."

• Make it Bigger

A bigger home will likely have a higher value, and if an appraiser doesn't officially acknowledge the full size of your added living space, they'll still notice it. Finishing up those basements or building decks is one way to make your house look even more spacious than before.

• Make it Smarter

Homebuyers want safety-enhancing gadgets in their new homes, according to a 2018 survey by Coldwell Banker. These safe and smart devices include thermostats, fire detectors, carbon monoxide detectors, security cameras, door locks, and lighting.

There's a lot of smart-techs out there, and while it may not always increase the value of your home, these items can add appeal.

People who are into technology themselves seem to be more willing to pay extra for them because they see themselves as "techies" versus those that aren't so into gadgets or just want something simple like replacing roofing material.

You'll usually only need about $1,000 in total cost if you have skills and know-how on how to handle installing yourself - which saves money.

Make It Worthy

To help you decide whether to renovate or not, look around your home. Put yourself in the buyer's shoes and ask if you would want to purchase this home with the price you would address it.

Will it be a popular thing in Calgary real estate? This information will help you grasp some of the ideas on what to upgrade to increase the value of your home. Contact Greater Property Group today and let them help you with your real estate problems.