Planning to put your home on the market? If you answered “yes”, it’s time to start on a whole bunch of renovations to make it the most modern, desirable place on the street, right? Stop right there.
Before doing any kid of home improvement, consult with your real estate professional to get a feel for your local real estate environment and to get advice on which projects are worth your time and money.
You need to find out: Is it a seller’s market, or a buyer’s market? What’s the condition of similar homes selling in your neighbourhood? Whats the likelihood of a positive return on investment? Who’s the demographic expected to be attracted to a home like yours?
Maximize Your ROI with Home Improvements in Windsor
When it comes to selling your home, strategic renovations can make all the difference. Not only do they increase your home’s value, but they can also help attract more buyers in a competitive market like Windsor, ON.
Top Home Improvements with High ROI
According to the 2024 Cost vs. Value Report, here are the top home improvement projects that offer significant returns:
- Garage Door Replacement This project offers a staggering 194% ROI. Upgrading to a modern garage door not only boosts curb appeal but also enhances your home’s functionality.
- Entry Door Replacement (Steel) A steel entry door upgrade provides a 188% ROI. It’s a simple yet impactful way to enhance both security and aesthetics.
- Manufactured Stone Veneer Adding manufactured stone veneer to your home’s exterior yields a 153% ROI. This improvement dramatically improves your home’s facade and leaves a lasting impression.
- Minor Kitchen Remodel Small kitchen upgrades, such as updating cabinet fronts, countertops, and appliances, deliver a 96% ROI. It’s an effective way to modernize the space without breaking the bank.
- Wood Deck Addition Adding a wood deck provides an 83% ROI, creating additional outdoor living space that’s highly appealing to buyers.
Why ROI Matters
Like many Ontario markets, the Windsor real estate market is dynamic, with buyers looking for properties that stand out. Curb appeal projects like garage door replacements and stone veneer additions can make your home more attractive and easier to sell. Similarly, energy-efficient upgrades such as new windows or appliances are increasingly popular as buyers prioritize eco-friendly living.
Partner with The Dan Gemus Real Estate Team in Windsor & Essex County
At The Dan Gemus Real Estate Team, we understand the Windsor and Essex County markets inside and out. We’ve worked with countless homeowners to prepare their properties for sale, and we’ve seen firsthand which upgrades deliver the best return on investment (ROI) . Our experience ensures we can guide you on which renovations make sense for your home and budget.
We’re proud to offer our VIP Perks Program, which connects our clients with trusted local contractors and service providers to help streamline your renovation projects. Whether you’re planning a major renovation or considering smaller updates, our VIP Perks Program is designed to save you time and money while providing access to high-quality services.
Ready to Make a Move?
If you’re thinking about selling your home, now is the time to invest in strategic improvements that will boost your ROI. The Dan Gemus Real Estate Team is an experienced, top producing real estate team here to help you every step of the way, from recommending the best upgrades to preparing your home for a successful sale.
Contact the professionals at The Dan Gemus Real Estate Team Ltd., Brokerage serving Windsor and Essex County, ON today to learn more about how we can help you achieve your real estate goals. With our local expertise and dedication to client satisfaction, we’ll ensure your home stands out in the Windsor market.
About The Dan Gemus Real Estate Team
The Dan Gemus Real Estate Team is a top trusted real estate team in Windsor and Essex County, ON, offering exceptional service and expertise in buying and selling homes. With a proven track record of success and deep roots in the community, our team is committed to helping clients achieve their real estate goals with integrity, professionalism, and a client-first approach. Whether you’re thinking of buying, selling, or investing, we’re here to guide you every step of the way. Tune in to The Dan Gemus Real Estate Show for expert insights and Windsor and Essex County market updates, and don’t forget to explore our exclusive VIP Perks Program, offering incredible discounts and benefits from local businesses. Discover how we can make your real estate journey exceptional at dangemus.com.
This blog is intended for informational purposes and not intended to solicit those under contract with another brokerage.
Sources: https://www.jlconline.com/cost-vs-value/2024/
