Subscribe for more videos on luxury http://www.youtube.com/user/luxsreports?sub_confirmation=1 Luxury upgrades can add $250,000 or more to a sale price. Mortgage rates are low now so you can add a kitchen or a pool for just a little money so upgrades are worth the investment. Don’t wait do it now before rates go up again. Kitchen Cabinets with upgraded hardware will cost $65,000 – $100,000. Staircase, Backyard and the pool area are good places for upgrades. Oak Main Staircase with Wrought-Iron Railing will cost around $30,000 – $75,000 If you’re preparing your home for sale, there are certain improvements that are definitely worth their cost in helping to attract more buyers, sell your home faster, make back most (or all!) of your investment, or even increase the value of your home. We asked Toronto agent Matt Dawson of Chestnut Park Real Estate about what he sees as the 10 best upgrades you can make to your home, whether you’re selling now or later. 1 Kitchen A state-of-the-art kitchen is one of the most popular renovations for earning back most, if not all, of its investment. Even if you don’t fully gut and renovate, certain upgrades –granite counters, hardwood or high-end tile floors, premium appliances (especially stainless steel), islands and undermount sinks — attract attention and can increase value. 2 Hardwood floors Especially on the main floor, hardwood is perennially popular with buyers. If your floors are refinished but worn, have them lightly sanded and resealed. If they’re very beaten up consider replacing them. 3 Premium broadloom Broadloom is popular too (especially for bedrooms), but only if in top condition. If it’s worn, soiled or out of fashion, replace it with something more contemporary. Neutral, lightly textured weaves such as wool “sisal” are fashionable right now. 4 Master ensuite If your ensuite is a bit tired, it’s worth upgrading, especially if you can afford a few luxuries such as a whirlpool or air jet tub, separate shower with a rainshower head, double sinks and/or heated floors. If you don’t have an ensuite, perhaps you can install one by stealing space from the master bedroom or a room next to it. Read more http://www.styleathome.com/homes/real-estate/10-best-home-upgrades-for-resale/a/2469/

Leave a Reply

Your email address will not be published. Required fields are marked *


This site uses Akismet to reduce spam. Learn how your comment data is processed.