Top Home Renos In Vancouver That Will Increase Value
Top Home Renos in Vancouver That Will Increase Value
There’s no denying the fact that a home renovation can substantially increase the value of your home. However, poorly thought through makeover projects can cost you a bundle of money without raising the market value of your house. Here are the three top home renos in Vancouver that promise to boost your home’s bottom line.
Return on investmentExperts repeatedly say that you’ll recover many of the costs involved in a renovation through an increase in the overall market value of your home. Forbes magazine, for example, suggests that you keep the following points in mind when you’re thinking about cost-effective renovations.
- Favorite features in your neighborhood– do you see lots of laneway houses in your community? What about dedicated home offices? It’s a smart idea to keep up with what a buyer in your neighborhood will expect to find in a house.
- Necessary repairs– make sure that you complete essential maintenance and upgrades, such as foundational and electrical work, before you put money into another type of renovation.
- Match your community– It’s never a smart decision to do a pricey project that far exceeds similar work in your community. For example, you’ll never get your money back if you spend $100,000 on a kitchen renovation in a neighborhood filled with $35,000 kitchens.
- Embrace the future– homebuyers want to see things like wifi internet access, and eco-friendly appliances in today’s homes. Include technological features that will improve the function of your home.
Three top home renos in Vancouver
So, taking the above factors into account, what are three home renovation projects that consistently pay off in higher home value? Remodeling, an American magazine that tracks renovation trends throughout the United States, performs a yearly return on investment analysis for a variety of renovation projects. When we look at Remodeling’s 2018 information for the Pacific region, the three best upgrades that you can invest in from a cost perspective are
- Upscale garage door replacement
- Manufactured stone veneer
- Steel entry door replacement
Lastly, doing some research before you invest in a home renovation project helps to make sure that you’ll benefit from the most reliable possible return on investment. In the end, keep in mind that the top home renos in Vancouver are the ones that most completely combine your needs with those things that will make your home competitive in the marketplace.
Silvercrest Custom Homes and Renovations knows how to craft a delightful home renovation that will increase the value of your home for years into the future. Contact us to discuss how we can meet your remodeling needs.