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Renovations that sell

by Kenneth Ho

Thinking of selling your home and not sure about what to do to sell it for top dollar? Potential home buyers are often searching for properties that are in “move-in ready” condition so that they don’t have to incur any extra costs when they move into their new homes.

 

If you already own a home suitable for you and your family, renovating with long-term sell-ability means that you will enjoy a better living atmosphere for a longer period of time and will get a handsome return for your investment. The prolonged usage you also get out of the renovation maximizes your investment gain.  

We have selected three types of renovation that will give you the biggest return for your investment wile making dramatic improvements to your property:

KITCHEN
The kitchen has always been known as the heart of a home, where everyone gathers and chats about what’s new in their lives. It is also the busiest room in the house as we prepare and eat at least two meals there each and every day. That’s why it’s the first room that potential buyers look at when they walk into a property listed for sale. As a result the kitchen is considered to be a significant marketing tool.

 


Diploma and Advanced Diploma graduates can gain work as administration officers; officer administrators; executive personal assistants; executive officers; business managers; and general office managers.
Here, it is important for sellers to emphasis spaciousness, functionality, clutter-free, and effective storage in their kitchen space. Hiring a design professional to design the kitchen is ideal as they often are able to come up with innovative design solutions as well as finding and specifying the proper materials to highlight the architecture of your house, making your kitchen look more appealing to the potential buyers. In most cases, a kitchen with granite countertops would be a fast seller because it creates richness, elegance, and emphasizes quality. Besides the marketing advantage, granite countertop is also ideal for daily personal use because of its resistance to scratches, looks natural, and is easy to maintain. You should never try to save money on design, appliances, or labour because these are the basis of a spectacular space. Remember, having the job done well is a value adder; doing it poorly may reduce the value of your home! 

According to the Appraisal Institute of Canada, the average amount that you should spend prior to selling your house should be 10-15% of the house value. If you are planning on renovating the kitchen for personal use and not only for the purpose of investment, and if you are going to live in your house for more than five years, then you should spend 15 - 25% or more. In most cases, you will be able to recover the cost of the renovation by the time you sell your house – with a 44% higher return on investment than the average return on other popular renovations!



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The course covers essential skills such as occupational health and safety issues, ethical and professional standards and specialist cleaning techniques.