Photo Source: Bloomsbury Fine Cabinetry

As far as investments go, real estate tends to be a sound one. Albeit costly, buying a home in the right neighborhood, at the right time, could yield you a future return on your investment and then some! But the right place, right time can only get you so far, so we’ve rounded up four intelligently allocated home improvements that are likely to pay for themselves in resale value.

Rethink Your Color Scheme

According to a 2017 survey conducted by Houzz, more than two-thirds of real estate agents surveyed recommend repainting the inside of your home before putting it on the market. Zillow’s chief economist, Svenja Gudell, recommends fresh, natural-looking colors, particularly in shades of blue and pale gray. Zillow also reports that painting your front door black, your bathroom periwinkle blue, and your kitchen tuxedo could also increase your resale luck. Beyond replacing an interior paint job that may be old and outdated, homeowners hoping to sell should also consider painting their home’s exterior. 

Photo Source: All Weather Windows

Replace Your Windows

Beyond being an eyesore, old or damaged windows can end up being a distraction from your home’s redeemable features. From a potential buyer’s perspective, rotting frames and condensation between the win­dow panes ultimately mean more work for them down the roadwork that they may not be willing to do. Replacing your windows preemptively will ensure that buyers see your home as a finished product, rather than a work in progress. Additionally, according to the Energy Star program, replacing old windows with newer, energy-efficient ones can save you anywhere from $25 to $450 a year in heating and cooling costs. 

Go High-Tech

If you’re looking for a way to lend WOW factor to your property, look no further than home tech. Investing in home tech is a fun, futuristic, and intuitive way to bring your home into the current century while attracting a new demographic of buyers. Built-in speakers and surround sound systems are two crowd-pleasing choices, but if those don’t appeal to you, there are plenty of smart home options to choose from. According to information pulled from the NKBA’s 2018 Kitchen and Bath Design Trends study, smart toilets, voice-controlled technology, and connected kitchens are amongst the latest in leading home tech trends.

Photo Source: Saniflo

Add a Second Bathroom

As attractive as the idea of an extra bathroom might be, many homeowners tend to shy away from this particular renovation due to the cost and inconvenience of construction. As a remedy to this common experience, SANIFLO developed its SANICOMPACT systemgeared at homeowners with little space to spare for a bathroom addition. The SANICOMPACT system is compact, self-contained, and requires minimal construction to install because it doesn’t require a traditional plumbing rough-in. To learn more about the SANICOMPACT system, or to shop it, visit the SANIFLO website.  For more great ideas, click here. For more unique items for your home, click shopCHT.com    
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Canadian Home Trends magazine gives you a personal tour of the most stunning homes and condos across Canada. You'll be inspired by a selection of accessible home décor products, trend reports, simple yet stylish DIY projects, and much more. In each issue, you are given the tools to recreate designer spaces you've always dreamt of having at home, in-depth renovation and design advice, colour palette and furniture pairings, and Canada's best places to shop.