Most home renovations are long-term endeavors. What’s nice, however, is that the things that homeowners enjoy most about their homes is often the same things that give them value in the marketplace.
Below are 3 home updates that really pay off:
Minor Bathroom Remodel
It costs about $10,500 to replace the tub, tile surround, floor, toilet, sink, vanity and fixtures. You’ll get back an average of $10,700 at resale, a recoup rate of 102 percent.
If you can pipe a child’s name on a birthday cake, you can re-caulk a tub. Use a softener like CAULK-BE-GONE to get rid of the old caulk. Fill the tub with water after you’re done to stretch caulk while it dries.
If your old tub is too large to fit out the door, re-glaze it for a like-new finish. Cost: $300 to $400.
Remove dated wall coverings and apply a fresh coat of paint. For damaged walls, spray-on texture provides quick coverage.
Replace old shower doors or remove them to add the illusion of space. Source: HGTV
Flowerbeds, foundation plantings, paths, and borders can make a huge difference in your home’s appeal. If you buy small plantings and let them grow into their role, you get a particularly high value per investment.
Additions that suit your home’s style, scale, and traffic flow generally add value — as do well-designed outdoor living areas such as porches and decks. Source: BHG
Why it pays off: Paint provides dramatic results with little investment. Can’t decide on a color? Gerri Willis, the anchor of Open House on CNN and the author of Home Rich (Random House, $25, amazon.com), says that pale yellow homes tend to sell faster and for more money. Barbara Richardson, the director of color marketing for Glidden and a noted color-trend forecaster, explains, “Yellow is optimistic and inspirational. It gives people joy and the sense that brighter times are ahead.” Source: RealSimple
If you need professional help in planning for your home renovations, contact us today.
Kerrisdale Roofing & Drains
8279 Ross St, Vancouver, BC V5X 4W1