There are many opportunities for investors to purchase new condo units. When you list your unit on the resale condo market, it needs to stand out. Below are some simple condo renovations that will get your asking price or better.
If your home has hardwood floors, in it pays to have any carpeting removed and the floors refinished. Replace worn out existing carpeting with light tan or other neutral-colored carpeting. Replace chipped or cracked ceramic tile. Clean or replace the grout.
Ceilings & Walls
Nothing says freshness like a new coat of paint. It hides stains from grease or smoke and ceiling cracks. Use fiberglass tape on large cracks, cover with joint compound and sand, then paint a neutral color.
Statistically, kitchen remodels return nearly 100%. Cabinetry is highly visible because it is at eye level. Resurface beat-up cabinets by replacing the doors and hardware. If your cabinets are painted, add a fresh coat of paint and new hardware.
Granite counters, though popular, are not strictly necessary. Simple laminates, newer faucets and sparkling sinks sell very well.
The national average of recouped cost is more than 100% for bathrooms. New floors, fixtures and lights pay off.
Have a question about your home improvement project? Get in touch with us. We’d love to hear from you!
Don Of All Trades is Giving Back to the Community
Every gift is a gift of hope. Your donations make a difference in the lives of women and children who are survivors of violence and abuse that are provided with a place of safety, support and hope at Herizon House women’s shelter.
You can help improve the lives of abused women and children in the community. Please visit www.donofalltrades.ca community page to find out how you can make a difference.