Are you planning to sell your condo? Do you also want to enhance its value? Property Returns Adelaide Quantity Surveyor explains that there are a few renovations that can do exactly that. If you want to sell the property a quantity surveyor can help you understand the added value the renovation provides. Additionally, they can provide a tax depreciation schedule on the renovation for future tax deductions, if you’re planning to sell in a few years.
Here are the six 6 way on how to increase the value of your condo:
- Install Added Storage
Having several items cluttering your home makes it difficult to see the features of your condo. Install added storage to declutter your condo and increase your condo’s desirability in the eyes of buyers. Expand your closet and install a closet where it is needed.
- Bathroom Renovation
Nothing turns potential buyers off or reduces the value of your condo more than an outdated bathroom. Bathrooms are known to be one of the most significant rooms in any home, the present condition of it could determine the value placed on your condo. If your bathroom is outdated, consider renovating it by painting the walls, installing marble or granite countertops, changing the vanities and accessories, and much more.
- Kitchen Remodel
The kitchen is another value determinant for any home-condos included. Increase the value of your condo by remodeling your kitchen, changing the layout if possible, installing a new countertop and cabinets, repainting the walls, replacing the sink and faucets, and updating the appliances.
- Fix Hardwood Floors
Floors are often overlooked, but they are a crucial selling point for a condo. Installing classic hardwood floors is an inexpensive upgrade with a reasonable return on investment on the value of your condo.
- Repaint the Condo
Another way you can increase the value of your condo is by refreshing the walls of your condo with new paint. If you have the knack for painting, you can go for DIY option otherwise, call a professional painter.
- Upgrade Your Lightning
Think about using a lot of natural light to create the illusion of more space. Also, you can install ambient lightning. Update the switcher, dimmer switches and use the light to show off the rooms best features.
By following these tips, you’ll be able to increase the value of your condo. Even if you’re not selling it anymore, you’ll enjoy living in it more than before the upgrade. If you’re looking to sell your condo in Toronto, The Pillar Real Estate Group can help you as they specialize in condos for sale in North York, Etobicoke, and Scarborough.