It's hard to get away from the conversation. Home prices throughout Southern Ontario, including Guelph, have been on the rise. This is great news for homeowners and investors alike.
As much as it may seem like a guarantee that your property will sell for top dollar, sometimes you leave money on the table. Sometimes it's because of circumstances out of your control. Lots of homeowners don't have an extra 10, 20, 30 thousand dollars that they can use to complete a home reno project. Not to mention that many investors have an investment thesis that doesn't involve deploying their capital into huge projects.
Here are the top 3 ways to increase the value of your home in Guelph when you are on a budget:
#1 Kitchen Refresh
It's true what you have heard. An updated kitchen can absolutely increase the value of your property. You don't have to have upwards of $40k to accomplish this! You can increase the value by painting the existing kitchen cabinets a more modern colour and changing out the hardware. Also, if you have time to wait, lots of home improvement stores have sales on their counters. So you could potentially pick up a high-end counter at a fraction of the cost.
#2 Bathroom Updates
Why spend $10k on a when you could get a very similar-looking update for much less? Change out the vanity, toilet, tiles, and give it a fresh coat of paint, and keep the savings for your next vacation or your next investment project!
#3 Deep Clean
I can't stress this one enough. Just know, too, that we at the Here to Help Team always offer this to our clients as a part of our service to you. A deep clean, as minuscule as it may seem, is a game-changer. You wouldn't believe how many buyers comment on the cleanliness of a home after one of our professional cleaners have been through.
So there you have it. Minor projects in the kitchen, bathroom, and a deep clean can have major impacts on the value of your Guelph investment. Contact us today and find out what else can increase the value of your investment.