Home Renovations: Adding Value to Your Home

We’re sure by now that you’ve heard it is an excellent time to jump into the Windsor real estate market if you are thinking of selling your home. The market is currently firmly swaying in the direction of sellers, with more demand than supply of Windsor homes currently on the market, creating a heightened environment for all parties involved. Now over one year into the COVID-19 pandemic, many buyers from the past year remain in the market unable to find a home and the typical next wave of buyers has joined them. This has created a large group of buyers looking for homes for sale in Windsor, Ontario. So if you are in a position to sell, your Windsor REALTOR ® will tell you to get your home ready for the market and that may mean some renovations to increase the value. Here are 8 home renovation ideas that can add value to your home for resale.

Outdoor Structures
- On the cheaper end of things, you can build a nice natural fire pit (if permitted by local by-laws) or one that runs on gas like propane. Stepping up in cost, consider things like a deck or a fence to add some value to your home and create a nice outdoor space. Finally, a more long-term item for future value would be a swimming pool, they can add considerable value, but aren’t something to just do at selling time.
Attic Insulation
- Adding insulation in your attic can save you money every month on home energy, which is no doubt attractive to potential buyers and adds value for them. This is also fairly cost effective and not as expensive as other items on this list and will generate great return on investment.
Replace Old Windows
- We’re getting more expensive, however new windows will freshen up how a home looks and energy efficient exterior windows will help eliminate drafts and make the home more energy efficient, another plus for potential buyers.
Roof Replacements
- Continuing to climb the rankings of cost, next is replacing the roof. This is one of the most inspected parts of a home when a buyer goes through. Whether or not it needs replacing or how long until it does can affect if a buyer even wants to put an offer on a home. A new roof offers value and peace of mind for buyers and value for you.
Bathroom Remodel
- So this one can be on the cheaper side if you do simple things like paint and add a new vanity, or all out expensive if you refresh it from top to bottom with flooring, showers, etc. You may not want to go all out, as buyers may have something different in mind, but a simple refresh adds value and also creates a canvas for buyers to picture their own bathroom in.
Kitchen Remodel
- Here come the big ones. First is the kitchen remodel and for a full remodel you're looking in the tens of thousands of dollars. However, when buyers view your house, the kitchen is arguably one of the most important rooms in the house, and a fresh kitchen is one less thing for the new owner to do and can add massive amounts of value to your home for resale. Big costs but big returns.
Finish the basement
- Here is the BIG one in terms of amount of work and money. This is a large project with a large price tag but buyers love livable square footage and a finished basement adds to that in a home. Even a simply finished basement is better than nothing and provides another canvas for buyers to picture their own living areas.
Technology
- Let’s finish by coming back down to earth on costs and discuss an easy and simple way to add value for 2021 homebuyers. Consider smart devices like security systems, doorbells, smart locks, smart thermostats, and water leak detectors. These can help with convenience, energy efficiency, security, and peace of mind. Above all else they are relatively cheap compared to the rest of the list.

So there you have it, 8 renovations you can do to your home to get it ready for selling that will add value for when those buyers start their search for houses for sale in Windsor.

Here at Jump Realty, our agents can help get your home ready by getting you in touch with industry professionals for the projects discussed. They always give you honest advice on what course of action is best for you in their professional opinion and will always put taking care of your best interests first! With offices in Windsor, Tecumseh, Kingsville, and Chatham, no matter where you are a Jump agent is ready to help. Please contact us for any housing needs and let us give you a better real estate experience!