7 Upgrades To Maximize Returns When You Sell Your Property

Upgrades can be just as important when it comes time to sell your property. The right upgrades can bring up your property’s selling price and boost your ROI. Follow along as we discuss upgrades to consider before selling your property.

New Paint

Photo Source: Magnolia

When you enter a house, at least half of the space are walls. So, an easy way to make the space look fresh and inviting is by painting all of the walls in an inviting neutral tone and a contrasting colour on the trims. This can be by far the best use of your investment dollars before you sell your property!

Flooring Upgrades

Photo Source: Thrift Diving

Similar to the walls, a big part of the house are the floors. If the floors are in bad condition, it’s a good idea to update and modernize the floors before selling a property. Consider refinishing existing floors or stairs. If that’s not possible, replacing floors can be a more extensive option to consider.

Curb Appeal

Photo Source: Hello Farmhouse

First impressions are important when it comes to selling investment properties! So, think about upgrades outside to boost your curb appeal to maximize your property’s value before you sell your property. To start off, keeping things clean and tidy can make a difference. Then, try to highlight the positives while moving eyes away from parts that don’t look as nice. For example, removing the storm door, painting the front door, or even adding wreath can sometimes do wonders.

Kitchen Upgrades

Photo Source: Shark Tails

One of the spaces that buyers care most about is the kitchen. It’s not just a place to cook your meals, but it’s usually a gathering spot for family and guests as well. So, make the kitchen a showpiece and watch your property’s value skyrocket. Simple upgrades include repainting the walls and cabinets, changing up the hardware, updating the backsplash, and replacing existing counters.

Bathroom Upgrades

Photo Source: Craving Some Creativity

The bathroom is another functional room that gets a lot of attention from potential buyers. Focus on replacing the hardware, the faucet, and giving the room a fresh coat of paint. For more complex projects, we recommend updating the cabinets, countertops, floors, and tiles, which provides the buyer with fresh, new bathroom.

Lighting

Photo Source: Home Bunch

If you ask photographers, lighting makes a huge difference. Of course, ample natural light is preferable. But if you don’t have too many windows, replacing existing light fixtures with brighter LED soft white lights around the house can definitely make the space look a lot more inviting.

New Rooms

Photo Source: Makezine

When comparing properties, the price of a property increases with the number of rooms. If it makes sense to do so, sectioning off new rooms or adding bathrooms to a home is somewhat easy and can be considered.

Are You Looking To Sell Your Investment Property?

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