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Five Upgrades For Keeping Your Home On Par With Local Market Standards

Homeowners who routinely invest in strategic upgrades are often able to claim the greatest returns on their investments. When these individuals get ready to sell, their houses are already on par with current market standards. This eliminates the need to make last-minute enhancements, while allowing these consumers to set their selling prices significantly higher. Following are five, easy improvements for maintaining a modern abode that boasts all of the latest features and amenities.
 

1. Invest In A Leak Detection Sensor

Smart features are fast-increasing in popularity among modern households. From thermostats that can be programmed remotely to doorbells with built-in security cameras, there are a number of gadgets that homeowners can secure in order to keep their properties at the cutting-edge of new technology. One of the most practical and appealing options within this niche, however, is a leak detection sensor. This is a small, inconspicuous unit that can alert homeowners of suspicious changes in water pressure, significant changes in humidity, and other developments affecting environmental conditions. Not only are systems like these a strong selling point when listing your home, but they're also capable of preventing costly property damages by quickly calling attention to hidden and slow leaks. In this way, enhancements like these can both add to your home's resale value, and gradually pay for themselves.
 

2. Install An Induction Cooktop

If you haven't already, upgrade your old stove with an induction range. These units provide a higher level of safety while giving homeowners far more control over cooking temperatures. They also have a much sleeker appearance than many of the alternatives. Best of all, induction ranges are becoming increasingly affordable as the demand for these appliances rises. Whether you intend to sell your home now or several years in the future, getting rid of your simple, four-burner, gas or electric stove will definitely make your listing more appealing. Along with the bathrooms in your house, the kitchen is the very first area that people will want to take a comprehensive tour of. Features like these will help lure your prospects in and make them eager to see the many other, modern elements that the property includes.
 

3. Consider A Self-Cleaning Toilet

Toilets are easily the most germ-ridden features in every home. They also represent a daily chore that most homeowners are less than eager to tackle. Self-cleaning toilets are among the latest bathroom technologies to create cleaner, safer environments for all household residents, while eliminating a very unpleasant task. Surprisingly, much like induction ranges, advanced upgrades like this one can be found at incredibly affordable prices due to recent rises in consumer demand. If you're willing to spend a bit more on this property enhancement, you can even find options with heated seats and built-in bidets.
 

4. Get A Solar Water Heater

Throughout much of the developed world, traditional hot water heaters account for the largest portion of the typical household's energy bill. Even when outside temperatures are nice and warm, most people still enjoy bathing and showering in hot water. Installing a solar water heater is a great way to offsets these costs. If you stay in your home long enough, this is an investment that will invariably pay for itself. For potential buyers, however, there's nothing but savings to gain. Given that there probably won't be an abundance of sunlight throughout the entire year, these units can additionally be connected to natural gas, propane or electric, backup systems as needed.
 

5. Choose A Roof With A 50-Year Warranty

Beyond increasing curbside aesthetics, investing in a new roof will build a tremendous amount of sweat equity. It will also provide a much higher level of protection for the entire building. There are currently a number of roofing options that are made from recycled rubber, polymer plastics, and composite materials. Each of these choices typically comes with a 50-year warranty. Although this is definitely one of the priciest upgrades you can invest in, a new and longer-lasting roof is guaranteed to be a strong selling point even as it allows you to dramatically increase your selling price.
 

Residential buildings are increasingly featuring cutting-edge technologies and far more durable materials. Making an effort to invest in these enhancements will keep your property investment on par with the latest standards for your local market. In fact, some of the improvements may even put your home ahead of the proverbial curve.



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2185 Adjala-Tecumseth Townline
Tottenham, ON  L0G 1W0

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Toronto Real Estate Board - IDX Last Updated: 11/14/2018 6:41:03 PM