How to get more for your home in the Luxury Market


Selling your luxury property for the highest value may require some home improvements. A very good home improvement strategy with additions and improvements is expected to give you the best odds of being profitable.

When your residence does not have a true family room or has one that can be staged can cost you huge, a family room is an excellent way to get a nice return to your investment by adding some additional square footage.

Several sellers with a single story home have looked into adding another floor to it to be competitive in their market. For a few luxury home buyers, they desire a two-story home, and they won't even consider searching for any other choice. This could possibly be due to needing a family room on the first floor and a luxurious master suite on the second. By having an additional floor it will help to give your home a profitable edge at the time of selling. You can potentially add additional bedrooms, a bigger home office, walk-in closets, and more. Your options are practically limitless.

Look at adding a deck to your home for some extra living space. Buyers who also enjoy outdoor spaces will love a deck addition. This profitable addition will attract the attention of more buyers and in some cases, sellers have seen a return of seventy percent on their investment.

Just about everyone considers the kitchen the most critical part of the house. If the kitchen doesn't look modern consider a remodel. This doesn’t have to be complicated as you might think. If you are against a full kitchen remodel, consider staging or minor remodeling. People appreciate new appliances and countertops that are made with natural stone or granite.

One of the initial things you and your guests will see each and every time they walk into the home is the front door. If you are on a limited budget, consider a modern entry door replacement. This replacement will not take long and can be finished during the afternoon.

Selecting to upgrade and modernize the bathroom is another thing buyers prefer. A larger or modernized bathroom will certainly have its perks among certain buyers.

If you are in the market to sell, contact Mike Bolger from Chestnut Park West. I am a REALTOR® in the Kitchener/ Waterloo area who can help you get the most out of your home.
Get a free home evaluation now.

Mike Bolger, Sales Rep
Chestnut Park Realty Southwestern Ontario Ltd.
The Shops at Waterloo Town Square
75 King Street South, Unit 50 
Waterloo, ON N2J 1P2
+1 (519) 616-2656 
http://www.mikebolger.ca/
Location: 75 King St S #50, Waterloo, ON N2J 1P2, Canada

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