These summer projects will boost your return in a rising market
As expected, the June real estate market in the Okanagan was more like the kind of movement that we usually see in the spring. As economic recovery continues, this trend is expected to last through the summer. For those who have been wanting to sell, the summer of 2020 might present a unique opportunity. How can you maximize your return and boost your price? Here are a few summer projects that might net big rewards when you list your home:
Smooth sailing The trend in flooring is moving away from carpet to the smooth and sleek. Hardwood flooring can bring much more value for cost when it comes time to sell. And if real wood seems too expensive, there are great engineered alternatives and laminate available.
Lightbulb moment Updating your lighting can be an attainable project that immediately improves the look of your home. Add some recessed lighting to key entertaining or living areas to brighten the room and make your home look classy. Replace any dated fixtures with something more modern.
Cook up some space Install an overhead rack for your pots and pans to reduce clutter. This simple hack can make a high-traffic kitchen area more usable and increase the value when you sell.
Smart savings Adding some smart technology to the home is a great way increase your “wow factor”. It puts your home in the savvy category, whether something as simple as a programmable thermostat or a system that controls lighting, fire detectors and entertainment as well.
Opening appeal It’s time to replace the old, weathered garage door. You may have great memories of your kids practicing their wrist shot against it, but it may hinder your curb side appeal. Surprisingly, it’s not a huge cost and can dramatically raise the value of your home.