Our latest ramblings.
Enjoy! We definitely have important things to say!
Our latest ramblings.
Enjoy! We definitely have important things to say!
When you decide to sell your home, getting top dollar and a quick sale is usually the goal. To do this, getting your home to stand up above the rest is key, especially when it comes to the Langley real estate market.
A fresh coat of paint can help your place stand out and do several things for a room. Not only can it help make it appear cleaner and newer, but it can also help with any odors that may be in the home, such as those from smoke, pets, cooking or just living in general. A fresh coat of paint can help to lively-up a room or tone down and neutralize one for a more general appeal.
With so many other homes for sale in Langley, choosing the right colors to paint your house for a faster sale is important. Opting for a neutral palette is advised, but this doesn’t mean that spraying every room in builder’s white is the way to go! Use these pointers to help you choose your paint colors for a faster sale.
For more blog posts on home improvements and other real estate related topics, click here or scroll back to the top of the page and click on blog.
Many Canadians are opting to invest in home improvements before selling their home. While most plan to spend a reasonable amount, others plan on going the extra mile but how much of their investment will be recovered when their house sells?
Each year the Appraisal Institute of Canada surveys its members and compiles a list of renovations that provide the best return on investment. Refurbished kitchens and bathrooms top the payback list: 75 per cent to 100 per cent of the investment for these upgrades can be recovered upon resale. But you must remember, if you are renovating in order to sell, the updates must appeal to the majority of potential buyers to ensure the highest possible return.
The Appraisal Institute of Canada states on its website: “If the value of your house exceeds the average market value in your neighbourhood, your renovations will not yield much return. But if your house value is below the average, you can recover a larger part of the renovation costs.”
Below are approximate percentages to keep in mind when considering your updates:
Percentage recovered upon resale
Kitchen upgrade: 75% to 100%
Bathroom upgrade: 75% to 100%
Interior painting: 50% to 100%
Roof replacement: 50% to 80%
Replacement of furnace or heating system: 50% to 80%
Expansion (addition of family room): 50% to 75%
Doors and windows: 50% to 75%
Deck: 50% to 75%
Installation of hardwood floor: 50% to 75%
Construction of a garage: 50% to 75%
Fireplace (wood or gas) 50% to 75%
Central air conditioning: 50% to 75%
Finished basement: 50% to 75%
Wood fence: 25% to 50%
Interlocking paving stones on driveway: 25% to 50%
Landscaping: 25% to 50%
Asphalt driveway: 20% to 50%
Pool: 10% to 40%
Skylights: 0% to 25%
If you’re living in a home with floors that have seen better days, then the following is very important as your flooring, when in good shape, can add tremendous value to your home. It’s no surprise that potential buyers are more likely to be dazzled by brilliant floors that look new as opposed to those that are outdated or scratched. The reason isn’t just aesthetics, but also the fact that floors in rough shape or outdated usually translate to extra work and expense to potential homebuyers.
Depending on the condition of your current floor, you may not need a complete overhaul. Carpets can be professionally cleaned and floors can be spiffed up with a good cleaning as well. If you have hardwood that is worn or has obvious scratches, then stripping & sanding the floors and having them re-stained is cheaper than installing new floors while giving you the look of practically new floors. In the case of laminate that may have gaps or some water damage; repairs are fairly easy as long as you are able to get your hands on pieces in the same color and style for an exact match. Tile can be made to look new again with a good grout scrub or even by using one of the many grout stain pens on the market.
Any floors with very obvious damage or stains are going to result in lost sales or low-ball offers and the same goes for obviously outdated flooring. For instance, if you have broken boards or orange shag carpet, then you need new floors. Most buyers, unless looking for a fixer-upper, aren’t going to want to buy a home that requires new flooring. With older homes and townhomes, carpet and tile styles and colours can really date a home, so those should be replaced. Broken floor boards and tiles, as well as water damaged floors will also need replacing if you want to increase the value of your home.
If you’ve decided to invest in new floors, consider the following to help you save money while increasing your home’s value:
It’s no secret that there are an abundance of townhouses for sale in Langley and surrounding areas. For anyone who might be planning to sell, something you’re going to want to consider is how to add value to your townhouse so you can make more from your sale and help sell it faster even with competition. To help you get started, we have come up with a list of 3 easy projects that will not only help you add value to your townhouse, but will also help your sale along so that you can get it sold faster when the time comes.
The kitchen backsplash is an upgrade that many overlook when they purchase a townhome and one that many builders don’t bother with either. A tasteful and well-done backsplash instantly updates your kitchen and it’s a project that’s easy to do yourself or that’s inexpensive enough labour-wise to hire someone to do. Check home improvement store flyers for sales so you get the best price for your materials, many of which you can find especially discounted during long weekend sales.
Take advantage of paint sales at home improvement stores and give your home a fresh new look for next to nothing by painting rooms and hallways. Choose colours that are known to have a general appeal and aim to make large rooms look cozy instead of closed in and small rooms look bright and airy. An experienced Langley real estate agent can offer suggestions on colours that are more likely to appeal to your particular target market, so ask before you buy paint if you’re not sure what to choose.
Baseboards and crown moulding offer architectural interest to a room and add value to a home. If your existing moulding and trims are looking tattered, then use wood filler or plaster to repair any chips and deep scratches and paint them out so they look new again. If adding crown moulding and trim to a room, opt for a style that’s somewhat contemporary but still classic as anything too ornate could put off some buyers and date a home. If doing it yourself, remember to buy extra for any miscalculations and always measure, measure, and then measure again before cutting to save yourself time and money.
It’s no secret that bathrooms can make or break a sale and dictate how much or how little you get for your home. Most people want to walk into a home and see and an updated bathroom that doesn’t look like it requires any extra work or expense. Fortunately, there are easy ways to make your outdated bathroom look just that way.
Use these 5 quick bathroom updates for next to nothing before putting your home up for sale.
Such an easy fix yet one that people often overlook when putting a house for sale! Choose something tasteful and for a smaller bathroom or one that tends to be dark, look for light colored or even sheer shower curtains. Don’t skimp and opt for a clear cheap plastic liner! Look for a quality shower curtain that doesn’t weigh down or enclose the room making it appear dark and cramped.
There’s nothing like a fresh coat of paint to make a room look fresh and clean. Choose a color that’s calm and soothing that will appeal to most.
A small can of paint can transform and old and dated bathroom vanity into something that looks new and modern. Paint out 80’s oak in a dark espresso that’s perfect for the executive buyer or opt for a soft white if you want to go for a spa-like effect that is a little more traditional without looking dated.
Swap out your cabinet handles and knobs for something that looks more contemporary and if budget allows, do the same with your faucets and light fixtures. Try to stick to a matching finish, such as satin nickel or chrome, as matching it all instantly makes for a more uniform and high-end look.
Nothing makes a bathroom look more generic and well, cheap, than the basic builder’s mirror over the vanity. Since replacing it may mean having to deal with wall repairs depending on how it was hung; framing it is a simple solution that’ll make it look instantly chic. Head to a home improvement store and pick up some moulding. If you measure in advance you can have the pieces cut for you at the store. Paint it to complement your vanity, mount it using construction adhesive or screws and then fill and paint any seams. Voila—a new bathroom mirror!
Increase Value to Your Home: As much as we may love to reserve the weekends for sleeping in and spending time with family; if you set aside a weekend or two for a few simple projects, you could increase the value of your home so that you can get the most from your sale.
Painting your front door is a quick and easy way to instantly improve your home’s curb appeal and make it stand out. Choose a color that complements the color of the brick or siding and look for a glossy finish that is low maintenance and looks high end. If your door has windows or a storm door, then give them a good cleaning as well to better show off your new door color and your exterior.
Most of us are guilty of having too much stuff and when it comes time to sell, all of that stuff can really put off potential buyers. Make it a family affair and spend the weekend getting rid of any unnecessary stuff. Clear out closets and storage areas so that not only are your things better organized and easier to find, but so that potential buyers can see your homes true space and potential. Less is more after all and scaling back lets your home feel clean, open and airy—just what buyers want.
Whether you use one of the DIY cabinet painting kits on the market or paint recommended by your favorite decorating blog; painting your kitchen cabinets can make your tired and dated kitchen look new, which always results in more money when you sell.
Replacing doorknobs, cabinet and drawer handles and pulls, along with other hardware and fixtures like faucets helps to create a cohesive look for a high-end appearance even if you purchase your new hardware and fixtures at Wal-Mart or some other discount store! Try to stick to a similar finish on all to bring the look together.
If you have rooms that are doing double duty and being used for multiple purposes or even just sitting empty and playing the part of a catch-all for your junk; it could confuse buyers and make it hard for them to imagine what they would use the space for. Take a weekend to tackle these rooms so that your spare room looks like a functional home office/guest bedroom and your dining room as an actual dining room instead of your makeshift craft room or office.
19978 72nd Ave. Unit 205
Langley, B.C. V2Y 1R7