Parkville Manor

5 Ways to Update your Home at a Fraction of the Cost

5 Ways to Update your Home at a Fraction of the Cost

By Mitchell Mingie, Director of Sales and Marketing, Parkville Manor


In my last Blog, I spoke about 15 Reasons to Live in a Retirement Community and Considering a Move to Parkville Manor. Once you have made the decision to move to Parkville Manor your next priority should be to get top dollar for the sale of your home. Everyone wants to realize the potential, not only in themselves (that’s why you are moving to Parkville Manor) but your largest asset—your house. Below are five very simple items one can do to increase the value of your home while spending very little.

Remember a few simple tricks and some elbow grease goes along way. And before we start may I just suggest buying yourself a big lemon? Here’s Why! Simply buying a lemon and pureeing 1/3 of it before an open house will leave your house smelling fresh and clean if you spill the puree into the drain of your sink! It will smell like you have spent the entire day cleaning your kitchen…even if you haven’t! If you don’t like the smell of lemon, grab yourself some lavender or cinnamon oil. Sprinkle a few drops on a light bulb near the entrance and voila!  The new buyer will enter your home thinking that you have been baking all day. Both scents are easy on the senses and provide a sense of calm and tranquility. I’ve used this technique many times and trust me… it works like magic.

Here are my Five Tips for Selling your House!

 

1.      Kitchen Cabinets:

Check the doors, frame and box to make sure that they are strong. Transform your outdated cabinets by simple painting them. A few strokes of a brush can go a long way!  It looks best if you paint both the outside and inside to give a uniform appearance. White is a clean fresh option that works with almost every counter top. Also, think about adding some new hardware. There are vast arrays of options from glass nobs to long slender aluminum handles which can add simple yet elegant class to any kitchen. By transforming your cabinets you could be well on your way to achieving your asking price.

   

2.      Patio and Balcony:

Power wash your wood and add a splash of local colour with paint and shrubs to transform your outdoor space into an extension of your indoor home. It is a well-known fact that people judge books by their covers. If your outside looks great than buyers automatically assume the inside does too!  It adds value to your home by seamlessly extending your living space to the outdoors, creating real value at a fraction of the cost.

 

3.      Curb Appeal:

First impressions are the most powerful. Ask anyone who is job hunting or those conducting a job interview. The candidate either has the job in the first one minute or is stacked up with all the rest. So, if something is broken FIX IT. If your last step wobbles then anchor it down. If your door handle is wearing, scratched or loose either fix it or replace it. Make sure all your lights work. That also includes inside your home. Basically make sure all those small fixes are fixed… and you’ll find yourself on the right path to getting your asking price!

 

4.      Bathrooms:

This is your time to really shine! One of the key areas of your house that should be immaculate is your bathroom. Spend the time cleaning all the floors, sinks and chrome so it sparkles. Have you ever been in a “Show Home?”. The developer painstakingly creates a wow factor in the bathroom for a reason. Simply said – “It sells.”

 

5.      Painting Power:

The single most cost effective measure one can do before selling their home is to paint. Transform your old rooms into something new, fresh and exciting. Remember to stay with neutral colours. If you must add an accent wall for that extra dash of panache, do it! But remember, you are selling and you want top dollar so if you paint in dark colours or bold colours the new purchaser might simply say they don’t like it. The problem with them not liking it is that they start to envision all the extra money they’ll have to spend to cover up what you thought was chic and bold move. Creams, beige and soft colours work best. Small accent walls used to feature key parts of your home work best. Just remember less is more! 

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