Which Renovations will increase your home value?  As Toronto's housing market continued to rise. Some homeowners are looking to renovate their homes before putting them on a market to increase their appeal and value.  However, Not all renovations provide the same range of returns. The main focus of any home renovation should be your kitchen, bathroom, and basement.  There could be a full layout change for the kitchen. That includes an island or creating the expansion kitchen storage and cabinets.   in the bathroom fixtures vanity upgrades flooring, energy-efficient upgrades, and even the fresh coat of paint are different ways to increase home value,  the need to optimize every square foot of your home means your basement offers immense value with space for guestroom, office,  workout room, and more.  The basement renovation can add even more value if you choose to utilize it as a rental and it will pay for itself.

Real Estate Morning in Toronto

Which Renovations will increase your home value?

#1 Home is priced too high.  While you may feel your home is special, asking more than the fair market value will usually get you nowhere. After checking comparable sold houses... Ask yourself a question why do you think that your house worth 50-100 thousands more than a similar house that recently SOLD in your area. If you have reasonable answers then list with a higher price.    #2 Home Is Being Marketed Incorrectly. Effective marketing will help ensure that your property receives maximum exposure to attract a qualified buyer in the shortest period of time. For example, we are hiring a professional interior photographer and videographer for making high-quality pictures and videos for your property. Also, we are printing marketing materials with more detailed information about your property.   Check the marketing plan or the action plan with the agent that you are planning to list. Do not be shy about asking for simple videos.    #3 Condition of the property While your home in its current condition may work for you and your family, if there are repairs that need to be done, or it is terribly outdated, fixing these problems will not only make it easier to market your home, but will also increase its value. In most cases this increase will be considerably greater than the money you put into making the changes.

Most Common Mistakes When Selling Your Home

How to price your home correctly

1. Home buyer demand is back with a vengeance 2. Home inventory remains low 3. Home prices are up 4. Mortgage interest rates are low, too 5. The economy is showing slow signs of recovery 6. Home buyers' needs have changed 

Why This Is Actually the Best Time in Years To Sell a House

What kind of expenses Home Buyer in Ontario should expect.

Home buyer's expenses in Ontario

Working from home is more common than ever before, with many people choosing to telecommute. Selling your home while continuing to work at home brings some unique challenges, particularly when it comes to showings. You can’t pause your workday every time a showing is scheduled, but there are ways to work around it. - Set Showing Hours - Find Alternative Work Space - Stay Organized

How to handle showings when you work at home

The easy answer many times is, they were just overpriced. Either the seller just wanted too much for the property or the agent just didn’t educate the seller on what was really happening in the market. This is not always the case. I made a list of 9 reasons with some stories from my real estate experience of other reasons why listings expire. I want you to understand it is not always price.

9 Reasons Your House Is Not Selling

This is an intro for Real Estate Morning Podcast with Levon. Subscribe and follow us to make a smart decision when you will Buy or Sell a Real Estate.

This show will help you to choose the right professionals for your Real Estate Needs.

Real estate market in Toronto is very different. Sellers and Buyers need an expert team of professionals such as Real Estate Agents, Real Estate Lawyers, Mortgage agents, Home Inspector, Home Stager... to make home selling and buying process super smooth.

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Real Estate Morning in Toronto

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