Maximize Your Mississauga Home's Appeal: 4 Key Upgrades to Boost Sales Value
Monday Nov 06th, 2023
Homeowners in Mississauga often hesitate to invest in upgrades before selling. However, strategic improvements are smart when considering the potential impact on marketability and sale value.
Here's why these key upgrades are crucial:
1. Hardwood Floors
Hardwood and engineered floors are consistently favoured by buyers for their easy maintenance and timeless appeal. The cost, typically around $4 to $6 per square foot with an additional $2 for installation, is a small investment compared to the potential return. Not only do they enhance the aesthetic, but they also make your home more appealing to a broader audience.
2. Modern Kitchens
The saying "kitchens sell homes" holds true. A well-designed kitchen provides an excellent return on investment. While kitchen renovations can be budget-busters, starting at $25,000 for a basic upgrade and going up to $45,000 for larger kitchens, the impact on your home's perceived value is invaluable. Choose popular materials, colours, and fixtures that appeal to more potential buyers.
3. Neutral Bathrooms
A dingy, outdated bathroom can be a major turn-off for buyers. Invest in creating a calm, modern space with sleek, white fixtures and updated hardware. While basic bathroom renovations typically start at $10,000, the return on investment is substantial. A fresh, neutral bathroom can significantly contribute to the overall appeal of your home.
4. Income Potential
In Mississauga's booming real estate market, properties with income potential stand out. Consider adding an income suite in the basement or over a garage to attract buyers looking for mortgage assistance or additional living space. Costs vary based on square footage and local zoning laws, so consulting with a qualified renovation or construction company is crucial for accurate estimates.
Your Mississauga Real Estate Agent
Are you thinking of listing your Mississauga home? For a free home evaluation, contact me, Deborah Clerk, Real Estate Sales Representative and Lifestyle55+ Affiliate with Keller Williams Real Estate Associates, Brokerage, in Mississauga. With many years of experience as a realtor, I can guide you on impactful updates and recommend trusted professionals to ensure a timely and budget-friendly transformation.