Traditionally, spring has always been one of the best times to sell a home. This is the time when buyers hit the market in large numbers after hibernating in winter. Currently, there is a high demand for homes in the Canadian real estate market. A recent Ontario housing market report revealed that the average home price in January was $998,629, a 25.6% year-over-year increase.
If you choose to sell a home in spring, you will be competing with many other sellers. After many years of advising home investors, there are some inexpensive improvements we recommend making to help your home stand out.
Here are some updates that will help you attract buyers:
Refresh your walls with a paint job
Painting is one of the most effective and inexpensive home improvement strategies for home sellers. If your walls have fading wallpaper or an outdated color, a fresh paint job can make a whole lot of difference. To boost your home’s value, be sure to use a neutral color that will appeal to as many potential buyers as possible.
READ MORE: The Home Colours of 2022
Update fixtures
Upgrading your light fixtures, doorknobs, curtain rods, outlet covers and switch plates can add significant zing to your home. And it will only cost you a few dollars. Again, be sure to choose items in finishes and colors that will appeal to a wide range of buyers.
Enhance window treatments
The cheap horizontal aluminum blinds, paper shades or vertical plastic blinds in your home might end up being a turn-off for potential buyers. It would be a good idea to replace them with drapes, wooden blinds or plantation shutters.
Stain or paint kitchen cabinets
Since installing new cabinets can be costly, you can simply stain or paint your existing cabinets. Consider using white paint since it will make it easier for a buyer to repaint the cabinets to something different. While at it, you should also consider sprucing up your bathroom cabinets.
Upgrade landscaping
Curb appeal is very important when selling a home. You can brighten up your home’s exterior using flowers and other plants. Be sure to mow the lawn, as well as trim all the bushes and trees in the yard. For bald spots, you could plant grass seed or patch them using fresh sod.
Conclusion
Upgrading your property doesn’t have to be complicated or costly. With only a few hundred dollars, you can significantly boost your home’s value. If you need ideas for improving your home, get in touch with Regalway Homes.