Top 10 Renovations that Increase a Home’s Value
With rising real estate prices, the importance of properly caring for your residence becomes paramount: here is a top 10 list of renovations that increase a home’s value, whether for resale or simply to keep it in optimal condition!
Repairing or Replacing your Roof
It is impossible to talk about renovations that increase a home’s value without mentioning the repair or construction of a new roof. In fact, even before stepping through the door, the very first aspect a potential buyer examines is the condition of the roof.
Why? Because a deteriorated roof is far more than an aesthetic issue. It can lead to far graver complications that affect the very structure of the house. A well-maintained roof instills confidence in the buyer, as it demonstrates that the property has been properly looked after over the years.
If you are concerned about roof costs in 2025, we invite you to contact our trusted partner, Financeit, to help you finance your roof.
Kitchen Renovation
To boost a home’s value, a renovated and modern kitchen is essential, as it represents major work that potential buyers often prefer to avoid handling themselves.
If you are renovating to sell, it is important to opt for neutral tones that can suit all tastes!
Modernized Bathroom
Do you still have brown tiles or floral patterns that date back to your grandmother’s era? A modernized bathroom is crucial to ensuring the resale value of your home.
Just like the kitchen, it involves major renovations that potential buyers are not always willing to undertake themselves.
Improving Energy Efficiency
When considering renovations that increase a home’s value, one often thinks of aesthetic or at least visible choices. However, with rising living costs, monthly expenditures related to a home’s energy efficiency take on far greater importance.
These renovations can also prove to be very cost-effective in the long run.
Finishing the Basement
A well-finished basement will create the impression of a much larger home by increasing the habitable space. It is also an ideal spot for a family with teenagers, for example, or for a makeshift workshop.
Moreover, the selection of materials used in a basement can be both wise and relatively inexpensive compared to the added value it provides.
Renewed Exterior Siding
Just like the roof, the exterior siding is the first element a potential buyer will notice. It must be in good condition and relatively modern. Sometimes, a fresh coat of paint can completely change the look of your home. Consult specialized companies to ensure long-lasting results.
Deck Construction or Renovation
It may seem unnecessary to build a deck to boost your home’s value, but considering the short duration of the warm season, Quebecers place a high importance on outdoor living!
Short on space? One solution could be a flat roof with a deck or even a green roof, creating a small oasis of calm even if you don’t have much land.
Renovation of the Electrical System and Plumbing
Even though they are not visible, old pipes and wiring pose a risk of leaks or fire. Having the electrical system inspected by an electrician and the plumbing upgraded by an expert is an excellent method to boost your home’s value.
Building a Pool
Pools are highly popular, especially among potential buyers with children. If your budget permits, an in-ground pool is a durable investment that will increase your resale value. Be sure to check provincial regulations to ensure the installation meets all required standards, including the addition of a fence.
Landscaping
More aesthetic than practical, appealing landscaping not only creates an inviting atmosphere but also offers the buyer a vision of an outdoor space that promotes relaxation and that is easy to maintain.
FAQ
Which renovations will most quickly boost a home's value?
All those mentioned above, particularly key projects such as a roof in good condition.
Is a flat roof more cost-effective than a pitched roof?
It depends on the selected materials, but generally a flat roof is less expensive both in terms of materials and installation.
What is the first renovation to prioritize before selling?
A roof in good condition is among the most important renovations.
Is a renovation loan a good idea?
Certainly! You can work with a provider like Financeit, our partner for your flat roof financing.
Do renovations automatically increase the municipal value?
It depends on the work completed; please check with your municipality.
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Vous pourrez aussi opter pour une membrane élastomère ou même une membrane blanche, qui permet de réduire les îlots de chaleur.
Mettez fin à vos infiltrations d'eau vos drains bouchés vos problèmes de toiture
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