Renovation Wins: 5 Home Upgrades That Pay Off Big in Kelowna

Home renovations are one of the most effective ways of adding value to your home and improving the living standards for you and your family. In Kelowna, there are certain renovation projects that tend to perform better than others. If you want the best return on your investment, here are the top 5 home renovations in Kelowna that can provide you with the best return.

• Kitchen renovations: It is commonly held that a home will appreciate more after kitchen renovations; the style is often overwhelming. A lot can be made in upgrading the house appeal by upgrading its countertops, cabinets, and appliances when selling.

• Bathroom renovations: As for the kitchen renovations, so are the bathroom renovations. Aiming to sell the property at a good price calls for modernizing the tiles, the taps and fixtures, and the cabinetry of the bathroom, making it more appealing.

• Painting: It is undisputed to say a fresh coat of paint is one of the most effective ways of improving the aesthetics of any home. It can be the least expensive of all the upgrades. Such an enhancement can rejuvenate the house, making it more appealing to potential buyers.

• Landscaping: Enhancing the exterior of your home may change the overall valuation of real estate in a big way. Landscaping may constitute growing trees in one’s yard, flowers, garden, or lawn.

• Basement finishing: Finishing a basement offers the additional benefit of increasing the square footage of your home, making it more marketable. This can involve the addition of a bedroom, bathroom, and living room, which would ultimately impact on the worth of a house positively.

It is pertinent to point out that the cost incurred in making changes to a house should be regarded as an expense that would increase the value of that house once it is sold or rented out. However, not all renovations will yield the same return, and market conditions can shift. Therefore, it may be prudent to speak with a local real estate broker to get a good idea of what renovations will reap the best rewards. Also, the amount a particular renovation will cost must be taken into account, because although some improvements will yield large returns, they will also have an associated high cost.

Renovating your home in Kelowna, BC can be a great way to increase its value and make it more comfortable for you and your family. Consider the above renovation projects when looking to make improvements to your home and increase its value.