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6 High-Return Home Upgrades That Every Homeowner Should Consider
Tuesday, 31 January 2017, 09:15:00 AM

All homeowners should have strategic plans for updating their properties throughout the years. These efforts are essential for keeping residential units on par with local standards and for ensuring high returns on these investments. Whether you intend to remain in your current abode for the rest of your life or want to sell your property for profit within the next several years, following are six, high-return upgrades that are well-worth consideration.

 6 High-Return Home Upgrades That Every Homeowner Should Consider

  1. New Siding

Having new siding installed is an investment that will pay for itself many times over. New siding will improve overall building insulation, thereby making it both cheaper and easier to maintain ambient temperatures indoors. This upgrade can be especially beneficial for buildings that have asbestos-containing siding at their exterior. It will eliminate the need for costly and unpleasant disclosures that can bring sales to a grinding halt, while additionally protecting the health of both residents and locals.

 

  1. High-End Rooftop Drainage Systems

Property owners are often encouraged to invest in projects that increase the curbside appeal of their units. While incorporating new landscaping features can certainly add aesthetic value, it is far better to focus on property additions that have intrinsic and functional value as well. One of the most popular improvements among savvy investors is the addition of all-copper gutters and downspouts. Copper gutter systems are incredibly durable and long-lasting. In fact, these additions are estimated to last for up to 100 years. They also beautify residential building structures and are capable of making them stand out, which can be especially beneficial if you're attempting to offload a unit that's surrounded by a number of similar-looking buildings.

 

  1. All-Copper Sinks

Copper isn't just a great addition for the outside of your property. It's also the perfect way to enhance the beauty, value and usability of bathroom and kitchen sinks. This metal has inherent, antimicrobial properties that naturally limit the presence of harmful bacteria. They're also less prone to rust and corrosion over time, even when used extensively. Available in a vast range of shapes, sizes and styles, both hammered and smooth copper sinks blend well with a number of contemporary and conventional decorating schemes to create a luxurious look that's surprisingly easy to maintain.

 

  1. Basement Finishing

For property owners with unfinished basements, investing in services to complete and enhance these spaces is the ideal way to build sweat equity. These projects greatly increase the amount of usable space at the interior of the home. At the very least, a finished basement can become a functional storage space. With vision and a slightly larger budget, a finished basement can also be turned into a functional wine cellar, an additional family room, an office or even an in-law apartment.

 

  1. Hardwood Floors Or Ceramic Tiles

The latest trends in modern property designs include a concerted move away from carpeted flooring. More consumers are concerned with maintaining acceptably high indoor air qualities. Carpet fibres can trap and retain pet dander, dust, dirt and many other allergens. Investing in hardwood flooring, ceramic tiles or other hard, durable flooring options will make your floors easier to maintain and can greatly increase the overall marketability of your property.

 

  1. Smart Home Technologies

Smart home technologies are investments that are virtually guaranteed to provide excellent returns, whether you want to sell or intend to stay right where you are. The addition of a smart thermostat will give you the ability to remotely control your home HVAC system for far more manageable energy bills. Smart security systems and smart entertainment features also make properties far more comfortable and convenient for all property residents.

Although many home improvement plans focus solely on the kitchens and bathrooms, there's much more that you can do to improve the value and appeal of your property throughout the years. Upgraded, rooftop drainage systems and smart features and functions will make it easier to attract qualified buyers in even the most competitive markets. New sinks with their own anti-microbial properties along with other strategic home additions can also greatly increase the level of enjoyment that you get from your home right now.


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ZOI OUZAS Sales Representative
RE/MAX Garden City Realty Inc., Brokerage
64 Main Street West, Grimsby ON L3M 1R6
Office: (905)-945-0660 Office: (905)-563-8527
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