RSS

5 Ways to Increase Your Home’s Value This Year

5 Ways to Increase Your Home’s Value This Year

Wondering how to make your home stand out in today’s market? Whether you’re thinking of selling soon or just want to build equity, these five simple strategies can help boost your home’s value—without breaking the bank. From small updates to smart investments, discover changes that actually pay off.


1. Modernize the Kitchen – Focus on Function and Flow

The kitchen is still the #1 area buyers care about, and even modest upgrades can make a big difference.

What adds value:

  • Refacing or painting cabinets

  • Installing modern lighting

  • Swapping out hardware and faucets

  • Upgrading to quartz countertops or energy-efficient appliances

According to the 2023 Cost vs. Value Report by Remodeling Magazine, a minor kitchen remodel can recoup 71.2% of its cost on average.


2. Boost Your Curb Appeal – Make a Great First Impression

The outside of your home sets the tone for everything else. Studies show that good landscaping and curb appeal can increase your home’s perceived value significantly.

Try this:

  • Repaint or replace the front door

  • Power wash the driveway and siding

  • Add outdoor lighting and easy-care plants

  • Upgrade your house numbers and mailbox

According to a 2020 study from the University of Alabama and the University of Texas at Arlington, homes with strong curb appeal sold for 7% more on average.
Source: Journal of Real Estate Finance and Economics


3. Improve Energy Efficiency – Lower Bills, Raise Value

Energy-efficient upgrades are a win-win: they reduce utility bills and add long-term value. More and more buyers in BC want eco-conscious homes.

Consider upgrading:

  • Smart thermostats like Nest or Ecobee

  • Insulation in attics and crawlspaces

  • Draft-sealing windows and doors

  • Energy Star-rated appliances

BC Hydro and CleanBC offer rebates for many of these upgrades. Explore what's available here: https://betterhomesbc.ca/rebates/

According to the National Association of Realtors (NAR), 63% of real estate professionals say energy efficiency promotions are valuable in listings.


4. Create Livable, Flexible Space – Adapt to Modern Needs

Buyers now want homes that offer flexibility: space to work, exercise, relax, or host. Repurposing underused areas can significantly improve your home’s marketability.

Ideas to try:

  • Convert a den or closet into a home office

  • Add built-ins for storage or shelving

  • Finish the basement or attic

  • Create a secondary suite (where zoning permits)

Finished basements or legalized suites can increase resale value by 15–20%, especially in urban areas with limited housing supply.

 Source: Royal LePage 2023 Renovation ROI Report


5. Refresh the Bathrooms – Clean, Bright, and Updated

Bathrooms are small spaces but have a huge influence on perceived value. Even light cosmetic updates can deliver excellent ROI.

Updates that pay off:

  • Replace old toilets with water-saving models

  • Upgrade to modern vanities and mirrors

  • Swap outdated tile, lighting, or hardware

  • Deep clean or re-grout shower tiles


 Final Thoughts: Make Smart, Buyer-Focused Improvements

Increasing your home’s value doesn’t have to be overwhelming or expensive. With the right updates and a bit of planning, you can boost your property’s appeal and market potential in just a few steps. Ready to take the next step? Reach out anytime for personalized advice or a free home evaluation—we’re here to help you make the most of your investment.

Comments:

No comments

Post Your Comment:

Your email will not be published